Stock Pick by GKM

X: Letter X to Make a B Line for $100

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Posted 593 days ago on 4/07/08

Market call:X will go DOWN
Target: $100.00 on 7/07/08
Current: $41.32 (-71.00% from time of market call)

After a blow off top in a consolidation pattern which often marks the end of a significant move, the most likely path for US Steel is down. You can short it against the 52 week high it just posted of $148. The minimum target should be $100 in the retracement but it is likely that $90 and $76 could be within the scope of the coming decline.

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