From a technical standpoint, I would say that we are heading to 720ish here guys. I know it is tough putting on a short at this point, but I would be at a 50% short position at this point. Taking it off in chunks until 720$. Expect a bounce there and then, if support is broken again...650$
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From a technical standpoint, I would say that we are heading to 720ish here guys. I know it is tough putting on a short at this point, but I would be at a 50% short position at this point. Taking it off in chunks until 720$. Expect a bounce there and then, if support is broken again...650$
Makes sense technically, John.
I have no extra funds to play around with, though, so am just long and holding for now.
I'd like to see the financials truly blow up so I can at least cash in my SKF as I KNOW it's worth a whole lot more than it's priced at.
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