lunedì 7 settembre 2009
OPEN TRADES AND CHANGE IN STOP LOSS.
Asia was closing positive, with Japan +0,53% at 10.376. Europe should be quite at the opening.
MARKETs ARE BOOMING...so......we should be ready to start go short on the market in the next few days on some shares not ready to break up resistances (we are looking to Luxottica, pop Milano, Fiat ecc ec..but do not sell today....just be ready on your books to click sell short the stock). Market could go up for some additional days with some shares that can go up to the roof
In the meantime....we have increased our stop losses on some position in order to reduce potential losses.
Our best pick remain Telecom Italia (but 1,20 can be hard to pass)
BE CAREFUL: (STOP LOSS OR TAKE PROFITS CAN CHANGE DURING THE WEEK)
Telecom bought at 1,14. Target price 1,28 .- stop at 1,14
Tenaris bought at 10,15 Target 11,03 . Stop Loss 10,15
PIRELLI bought at 0,32 SL at 0,31 TP 0,35
Eni bought at 16,40 Take Profit at 17,80 stop loss at 16,40
MEDIOLANUM Bought at 4,20 Take Profit at 4,90 stop loss at 4,25
Rcs bought at 1,01 take profit at 1,25 stop loss at 1,04