Stock Market Commentary by full-time trader and best selling author Bob Kudla AKA "BobLovesHawaii"
Friday, December 3, 2010
Shorting MCP and REE
As I posted a month ago on rare earth companies being in a bubble are now playing out. MCP has just broke the 50 and REE is hovering over it, with both sporting very weak relative strength and accumulation. These stocks have a long way to fall and I will participate in this decline.
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