Wednesday, February 4, 2009

first trade

Just went short 105 shares of Shaw Group (SGR). I am sensing some weakness in the market right now and the risk/reward of shorting SGR was pretty good. This morning the market has been unable to hold onto its gains and the financials didn't participate in the rally yesterday. Not good signs for the market as a whole. Still potentially looking to enter a trade in Aeropostale (ARO) as well.




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