Friday, May 23, 2008

CALM


As a counter to Ag play, this is a livestock-egg play. When wheat gets costly, what about meat?
The yoy trendline is strong. Right now, this stock is in correction mode. The stochs and RSI indicate this stock will undergo further correction. We shall wait for it in the 29 region.

There has been controversy regarding this stock in the past, concerning bird flu and high short interest etc. We shall play by the charts. We still are optimistic about this one. Plus, this is a high dividend yielding stock. So, we lie in wait nevertheless

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