NYSE:APC   ANADARKO PETROLEUM CORP
apc
11 0 3
apc
Ticker: APC            
Direction: SHORT
Entry Price: 52.32
Current Price: 49.30

Description of Chart:
We entered short at 52.32 and now price is at 49.30, so about 5.8% in our favor. We have now come back to the narrowing range we experience over the last few weeks. There is the potential to get a pop up above our entry, this does not worry me yet as there is still large potential for a down move over the coming weeks, especially at such an important level.

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