Couple nice setups for shorts

Discussion in 'Trading' started by Shooter McGavin, Jan 25, 2013.

  1. Market starting to look a little toppy here ?

    Couple stocks esp.

    Home Depot (HD)

    Chart is getting into nose bleed heven
    If (IF) rates start going up, never good for housing
    Today's housing report could be the crack in the housing story

    Amazon (AMZN)

    Apple broke, is Amazon next ?
    Love that P/E


    1500 nice round number

    JMHO (s).

    FD - short HD
  2. Bag 'em and wait for the bounce.