Blue box is the short zone. Upper Right hand is the most profitable, lower left is the highest risk. I officially started opening shorts this morning on a few Pigs. Usually safer to short indices, but if you have any companies on your hit list, I'd start adding shorts and give yourself till the right side of the blue box to continue adding
$Spot is a favorite of...
Sitting on Cash at the moment, closed shorts on Christmas Eve
I will trade on the breakout of the horizontal box, either direction. Although the pink resistance line could be trouble for any bullish runners.
Stay safe lads, market is moving fast and anything could be a catalyst in either direction
Update from an older post. Still hiding in $EZA shorts as I think its the safest play right now.
(USD goes up, EZA down)
(EMM goes down, EZA goes down)
(Entire market goes down, EZA goes down)
(South Africa breaks into civil war or domestic problems, EZA goes down)
Here is your chance. Stop watching BIll Nye for a few minutes and open some LEVERAGED shorts on Heating Oil. The science is settled right? Only an idiot would DENY this?
(None of them actually do this when challenged because 1) They are broke Soy Boy's and 2) they know its not settled science
Good place to park profits/nest egg funds. This spits out about 70-90 cents per share annually, so your'e looking at 7-9% in dividend income annually. I think its found a bottom as well, meaning your'e looking at 14-19% over the next few years given moderate price gains