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7 pts

Opinion on  Potash Corp. of Saskatchewan Inc. (POT)     Sector: Basic Materials  >  Industry: Non-Metallic Mining
Oversold Bounce Becoming Exhausted..

Aug 13, 2008 07:32 PM UTC

We called the oversold bounce a few days ago and we are now signaling POT as a negative with a new test of recent lows coming in next few weeks at supertradetimer.com

Update 08/15:

We entered negative positions and puts against the Fertilizer sector on Wednesday afternoon on the bounce. We are reducing our negative exposure by 50% to lock in big profits and will look to add into strength or take more profits on continued weakness in the next week or two.

Full details in our Sunday Newsletter at supertradetimer.com. Try our 2 week trial membership for free.

 


POT:  This call was made on 08/13/08 @ $179.00999
Rating:   Negative   $179.00999 (08/13/08)
Closed:   08/21/2008 @ $182.83 (-2.13% in 8 days)
Target:   $155.00 (-13.41%) in One month


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Potash Corp. of Saskatchewan Inc. (POT)
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Symbol SP Sentiment Rating Return Since
POT Negative -0.72% 01/06/09
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SDS Positive -1.76% 12/31/08
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Supertradetimer Team previously rated POT
Negative -0.72% Bearish on POT ...
01/06/2009
1
Negative +2.78% Bearish on POT ...
09/12/2008
1
Positive -3.40% SuperTradeTimer.com: New POT Signal...
09/08/2008
1
Positive +3.92% Supertradetimer.com: New Signal for POT...
09/03/2008
1
Negative +7.79% Supertradetimer.com: POT Bounce Done...
08/22/2008
2
Neutral/Hold +0.12% Neutral on POT ...
08/13/2008
1
Positive +4.80% Bullish on POT ...
08/10/2008
0
Positive -0.97% Bearish trend, but, due for a brief bounce...
08/08/2008
6





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