.buying swing +NQTR OVERSIZED at .20 I see the possibility o
Posted: Thu Jul 23, 2009 3:50 pm
.buying swing +NQTR OVERSIZED at .20 I see the possibility of a multiday sell signal on INTC that has moved from 16s to here mid 19s. I am using this position as a hedge on my stakes on UAUA and FSLR longs. As far as the markets this is a hugely positive technical day as indices pass the highs of the year and the DOW tests the highs today, but regardless I find INTC as the perfect place to start hedging the market bearishly on strength.