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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Shack who wrote (109395)	11/23/2004 5:13:39 PM
From: skinowski	Respond to of 209892

Yes, I am playing MBI - so far with a relatively small position. I'm short a few more financials, don't want to be too "overweight" -g. I shorted some MBI, but yesterday rolled the shorts over into puts. You are right - the setup does look nice on the weekly. More short term, the area near 60 should serve as resistance. I shorted yesterday NEM - mostly, to hedge some miners I hold long. Working out well so far. Looks like an HnS on the hourly, with a broken neckline.