On April 24th: “UPS: Sell Here, $74 Is A Short”
May 10, 2008 10:08 AM
We posted on April 24th to sell UPS and if it went to $74 it would be a short. On May 2nd, it went to a high of $74.14. Currently, it is $70.29 and likely headed lower.
(Update: We also posted to cover that short at about $70.00 on 05/12, but I still believe lower is likely once $69.60 clears. $68.36 is must hold)
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