Are the utilities a good short ?

Discussion in 'Trading' started by 4XIS4U, Apr 19, 2005.

  1. 4XIS4U

    4XIS4U

    I'm looking at some of the utilities stocks and they look toppy...
     
  2. 4XIS4U

    4XIS4U

    Looks like a double top on reversal bars...
     
  3. 4XIS4U

    4XIS4U

    Also looks like a double top reversal...
     
  4. 4XIS4U

    4XIS4U

    Opinions anyone ?
     
  5. timbo

    timbo

    I'm in TXU at $14 and I am really thinking about getting out and moving on.
     
  6. 4XIS4U

    4XIS4U

    Well... look at other stocks in the group and you'll see that TXU is becoming an exception --- best of luck.
     
  7. 4XIS4U

    4XIS4U

    timbo -- you could've saved 1.00 x your # shares at 14.00 today...
    keep watching
     
  8. 4XIS4U

    4XIS4U

    timbo,

    are you sure you stil want to be on TXU ?? You could've saved $10 bucks per share since my short call on Utilities....

    :D


    here is a chart for your enjoyment..

    [​IMG]
     
  9. 4XIS4U

    4XIS4U

    [​IMG]
     
  10. you would have to pay the dividend.
     
    #10     May 9, 2005