Steve, the only pressure on the education stocks have been from really negative reports by Citron research. Every major push down has been quickly bought and they trade as a group. I think people think of these stocks as save havens. However, if you see some massive selling volume, just jump in short until the first wave stops. I was stopped out on two MASSIVE ESI shorts in Feb. and March playing the trades too tightly.
Steve, the only pressure on the education stocks have been from really negative reports by Citron research. Every major push down has been quickly bought and they trade as a group. I think people think of these stocks as save havens. However, if you see some massive selling volume, just jump in short until the first wave stops. I was stopped out on two MASSIVE ESI shorts in Feb. and March playing the trades too tightly.
My ideas are:
ReplyDeleteCME short if 232 isn't recaptured and held
TNA long from 770 (if that holds) or long from S&P 730
DTO long on a breakdown in USO from 30
Long SKF/FAZ if XLF doesn't recapture and hold 8.20
Watch ESI, STRA, APOL for high volume swings
Blue,
ReplyDeleteYou mean a possible short on the ed stocks?
Steve, the only pressure on the education stocks have been from really negative reports by Citron research. Every major push down has been quickly bought and they trade as a group. I think people think of these stocks as save havens. However, if you see some massive selling volume, just jump in short until the first wave stops. I was stopped out on two MASSIVE ESI shorts in Feb. and March playing the trades too tightly.
ReplyDeleteSteve, the only pressure on the education stocks have been from really negative reports by Citron research. Every major push down has been quickly bought and they trade as a group. I think people think of these stocks as save havens. However, if you see some massive selling volume, just jump in short until the first wave stops. I was stopped out on two MASSIVE ESI shorts in Feb. and March playing the trades too tightly.
ReplyDelete