Snapshot Friday

Author: Chris

Interesting Chart Snapshots:

031308_oil_wkly.png

031308_dollar_wkly.png

031308_gold_wkly.png

031308_dow_wkly.png

031308_nasdaq_wkly.png

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    • 4 Comments so far

    1. John on March 14th, 2008

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

    2. Chris on March 15th, 2008

      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 on March 15th, 2008

      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?).

    4. chrisperruna.com » Blog Archive » Market Distribution on May 8th, 2008

      [...] 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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