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The makeup-face on the prior post caused so much wailing and gnashing of teeth, I have kindly created a new post. This one is about Celanese Corp (CE), which I shorted today. Here's the long-term chart:
The nice thing is that today's big ramp-up of the stock made for a lower-risk entry point:
I know that precious metals fans will disagree with this move, but I shorted a slug of silver (SLV) this morning with a stop at 16.67.
I've never been the least bit tempted to go on a cruise. Walking around a gigantic moving hotel, whose central purpose seems to be making fat people even fatter with unlimited buffets, just doesn't float my boat (as it were). It's just way too vapid for my blood.
Setting aside my own biases, I have noticed a few cruise-related stocks that seem ripe for the shorting. One of them, Royal Carribean, is shown below. A rather generous stop at 30.19 makes sense to me.
