Tuesday, April 21, 2009
Punting Autozone Short - AZO
The previous pattern, which was a head and shoulders, on Autozone seems to still be in play. I am taking the opportunity this morning to get short 1 unit of Autozone, ticker AZO (chart above) here at $164.15 with a stop at $167.11
Good speculating to you all and never forget that "an investor is a speculator who made a mistake and will not admit it".
Long 1 unit Ultrashort Real Estate ticker SRS @ $27.05 stop @ $25.24
Short 1 unit Autozone ticker AZO @ 164.05 stop @ $167.11