Ags getting chopped!

rlowe82 · #1 (**permalink**) 04-29-08, 05:27 PM

All the ags have been getting killed these past two days. Buy the dip or will they head lower? I like MOS, POT, and MON, and am eyeing AGU since they report on Friday, 5/2.

Stocktrading101 · #2 (**permalink**) 04-30-08, 06:33 PM

That is a tough call. If you look at the technicals all are holding up above key support levels but still the institutional volume has been intense.

While POT is still well above its breakout MOS and CF are just holding on at their most recent pivot points. If I had to choose one I would say POT.

You holding any of these right now?

rlowe82 · #3 (**permalink**) 04-30-08, 06:37 PM

I'm not holding any. Had POT from $120 to $160 and took profits and have been swing trading MOS recently. But now it looks so volatile. The correction has been ugly! Volatility like this has me wavering between buying the dip or selling short. That's never a good place to be! So I may just let the whole sector settle down...