Quickie Trade Update: MTL, BZP and USO - The Market Speculator

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Quickie Trade Update: MTL, BZP and USO
May 20, 2008 07:02 PM UTC

The Market Speculator

Return	Risk
-8.97%	HIGH

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Symbol	Sentiment	Start	Return	Closed
MTL		05/20/08	-0.41%	06/06/08
BPZ		05/20/08	-64.95%	--

Via The Market Speculator:

I entered MTL and BZP. MTL is showing a negative divergence, but the steel sector looks like it can be bought on today's dip. BZP is showing strength on the pullback at support.

I am thinking of pulling the trigger on a small short position in oil.

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