Csys

3M: Revisiting the shoulder level

Long
NYSE:MMM   3M Company
2
I have in mind launching a private stock market index called the Speculative Index with a portfolio comprising of long and short positions in DJIA companies based on speculation, just for fun and experimentation, you know. That could hardly be called an index, I know, but let's not talk about it. I will begin publishing ideas about the related stocks, then I will make a test run with a transparent portfolio statement and announce the P/L statistics. So this one is the first analysis in the series. I will tag the analyses "speculative-index" so that the interested may easily reach them.

It seems the market wants to retest the old levels, so our position would be long on this stock.
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