Tuesday, April 29, 2008

X - US Steel - Cup & Handle; MON - Monsanto - Tweezer Bottom Breadown

I'm guessing some gibberish was said during the conference call. I also didn't like how the rest of the steel sector wasn't moving up & reversing with X. That was the clue to be more aggressive with stop management.



MON on the other hand is one that just got away due to poor management. The rest of the sector was weak and I was way too aggressive with stop management.



2 comments:

Newer Post Older Post Home