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Snapshot Friday

March 14, 2008 by 4 Comments

Interesting Chart Snapshots:

031308_oil_wkly.png

031308_dollar_wkly.png

031308_gold_wkly.png

031308_dow_wkly.png

031308_nasdaq_wkly.png

Filed Under: Crude Oil, General Market

Comments

  1. John says
    March 14, 2008 at 11:44 am

    Chris,
    A while back you were looking at CMG. Any further thoughts on Chipotle Grill?
    Thanks, John

  2. Chris says
    March 15, 2008 at 7:11 am

    John,
    The first failed attempt to recover near the 200-d m.a. is a short signal. Puts at least 3 months out is a nice play depending on premiums.

  3. VC says
    March 15, 2008 at 2:05 pm

    You cannot short CMG as there is no inventory. I use Zecco. Any way you can check if this can be shorted at your broker (name?).

Trackbacks

  1. chrisperruna.com » Blog Archive » Market Distribution says:
    May 8, 2008 at 5:06 am

    […] originally started to point out market troubles back on March 14, 2008 in a post titled Snapshot Friday; I highlighted both the Dow Jones and NASDAQ with clear yellow shaded areas showing the 200-day […]

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