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Daily Long and Short Setup



April 26, 2011 – Comments (1) | RELATED TICKERS: UNP , PWER.DL.DL

I've bought the long-setup, Union Pacific Corp (UNP) today at $99.00. At this moment, it is breaking out and $100+ seems to be on the horizon. My suspicion is that we'll see a lot of short-covering in this play, as well as the general markets too.

The short-setup PWER is very volatile and high-risk, and if you decide to short this play, I'd recommend you keep a tight leash on it.

LONG: Union Pacific Corp. (UNP)

SHORT: Power-One (PWER)


1 Comments – Post Your Own

#1) On April 26, 2011 at 12:49 PM, Betapeg (< 20) wrote:

What do you base your long-short setup on? Technicals? 

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