Saturday, December 02, 2006

HOT Shorts!

I put in these short positions on Monday November 27th, 2006. It was the First Day, the indicies sold off hard, and showed signs of weakness. There was never a full recovery, and these stocks never rallied up to the stop orders which were set marginally higher than their buyin points. Here is their progress so far:

Electronic Arts Inc. (ERTS)
Short Entry Price: $58.26
Shares: 450

SunPower Corporation (SPWR)
Short Entry Price: $39.09
Shares: 1000

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