We already have a profitable short in IOC, I believe it was covered Friday a well, this is a great example of how we stalk a stock (say that 10 times fast) and let the trade come to us. If you have the capability, I'd set an alert for IOC above $83 or so, that's where we really want to pay attention either for an add-to position, pyramiding up is in my article, "Making More Than 100% on a Short" or adding as a new "Core" short position or longer term trade.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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