$ECL - Materials 3/10

NYSE:ECL   Ecolab Inc.
ECL is a top pick but these last few weeks have been UGLY. However, inflation pressures are expected to subside somewhat over next couple months and this could be a benefactor while everyone else is scared to buy it. Stop between 180 and 188 would reduce risk significantly. 3 gaps above which will be magnets to get filled. I would probably wait until earnings come out with companies dropping 20-40% off ERs. It reports in 13 days. Also many not be a bad options straddle a few months out. Lots of fun to be seen out of this one.

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