Monday, March 8, 2010

Stock short ideas

The dow transportation index is showing a double top setup and can be a potential short. Within the IYT index airlines and raildroads look best to short.

Transport index etf - IYT
1. Airlines
Cal, LUV, AMR

2. Raildloads
UNP, NSC, CSX, CNI, CP

3. Retail
DIS, TGT, OMC, M, FO, TIF, GME, LEG, ANF, PLCE, JOSB, ANN, GYMB, KMX, JCG

4. Materials etf - XME & UYM
FCX, NUE, PPG, X, CLF, WLT, RS

5.Other
ENER, CECO, EDC

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