Watch out for CFC

cfc-aug-28-2007.png$2billions from BAC didn’t help CFC much (neither it helped BAC). Both are falling, and therefore watch-out for CFC.

$19 is seemingly quite strong support and then $18 (the price for BAC). It might be potential intra-day bearish position but keep very tight entry/exit should you decide to play this.

Profitable trading, OP






One response to “Watch out for CFC”

  1. […] mentioned to watch out CFC for $19 area, and it did drop today. I opened a straight put and then closed it as it started to move back […]

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