Lazy Trade Long & Short: BUD & CLNE
January 2, 2013 - 4:48pm
I've taken a long position in BUD, but may add 1-2 short positions in the next day or so.
My entry in Anheuser Busch (BUD) at $88.99 happens just as the stock is on the verge of breaking out of some major consolidation of late. The second position, Clean Energy Fuels (CLNE) has failed yet again today to break through major resistance and has given up most of its gains when the market has held strong.
Read more...Continue reading this article »