MichaelEugen1

Short idea #11- One of my favorite shorts

Short
AMEX:XME   SPDR S&P Metals & Mining ETF
Hey, I'm watching XME for a short. This setup presents tons of shorting opportunity, IMO. I think when SPY reached $389, this name will be primed for a large sized short; I like how many of the names in this sector look, I think commodity prices are going to drop, and I think XME will drop alongside it. Here's my trade idea and predicted move.
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