Market Calls

Quote from Samson77:

VLO short (puts) hit 15% profit position closed.

:)

nice trade on VLO -- 15% trades in the last few weeks deserve recognition.

stocks that give back more than 30% of a move usually give it all back shortly thereafter

the target for VLO $45

alex
 
what's everyone think about Steel stocks right now? Seems that the trend is still bearish, but lots of technical indicators show an oversold point at these levels:

i've been shorting/day trading X (US steel) all last week, and opened another short this morning. Anyone have any thoughts on this sector? (it still looks pretty weak in my opinion)
 
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