You can make your life or you can break it - its very important to choose the right options!!
Disclaimer : You should do your own homework and you are responsible for your own decisions. This blog is means for me to share my viewpoint and for my record-keeping. Remember,Market operates on FEAR, HOPE & GREED!! Lessons from 2009- "Buy early when others are still negative, and sell early when other are still positive".
Monday, May 4, 2009
PCL - Ready to creak?
PCL is kissing its long term trendline from below. Options on this one are not liquid, the bid/ask gap is not favorable. I would sell 100 shares short here with a stop loss price of $38. Target exit - $32.
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