**** WE'VE MOVED TO A NEW HOME ****

Thursday, May 21, 2009

Bookkeeping: Short American Express (AXP)

Posted by Mark at 11:13 AM TweetThis
Will give it another go around with the over valued American Express (AXP) - I am targeting that gap in the chart around $21.30. 200 day moving average of $25 provides overhead safety valve... I am shorting with a 3.4% exposure near $24. Will cover at the gap if it succeeds. It AXP breaks north of $25 have to re-assess- but for aficionados of the tea leaves you can see a head and shoulders singing to you.

Short American Express in fund and personal account


Posted by Mark at 11:13 AM

| Edit This Post | Create A New Post

Labels:

*

*

Disclaimer: The opinions listed on this blog are for educational purpose only. You should do your own research before making any decisions.
This blog, its affiliates, partners or authors are not responsible or liable for any misstatements and/or losses you might sustain from the content provided.


Site by codeeo
Original WP Premium theme by WP Remix