Wednesday 20 May 2009

short NEXT

I am short NXT shares from the high 1500s looking for a distribution lower below 1400 to 1386, then 1367 & 1309. Stop is well defined - building value above 1535 to 1550 area. This is part of my general theme - sell stocks espec retail, housing, banks & buy miners, precious metals .........
I wax & wane between inflation taking all stocks higher in nominal prices which is the end result - inflate or die & stocks getting crushed first.......gd trading.

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