Wednesday, May 13, 2009

OFF

My main computer has been down and will remain down until it's fixed. So I have no access to my best charting programs. It's an on / off problem.

Monday, May 11, 2009

Public storage

If your going to play PSA on the long side keep a stop about a $ 1.00 below the 50 day ema.


Let me add that I have no idea which way this will trade going forward but as people continue to get evicted they may try to save some of their property at least temporarily by storing it at a storage facility, but the flip side is some others may be no longer able to pay their storage bills and let their property go to auction, Tough Call here.

ADBE

ADBE may be turning for a small move higher, tight stop.

eh

It's hard to take any positions this morning, let this selloff play out a bit and see where we are later today, look for stronger chart patterns.