Had a few people ask if I am short anything due to the horrible crisis in Japan. I am not, since no one company is shaping up to be the focus unlike BP with the oil spill disaster.
However, there are some great trades if you like taking short positions...Here they are from least to most risky:
The Japanese Yen (YCS)- Its been weak, and the only reason it hasnt crashed further is buying support from major Hedge Funds and the Japanese government.. Shorting it around $16 is still a safe bet.
Dennison Mines(DNN) at 2.55 , Uranium Resources 1.60 (URRE) and UraniumEnergy Corp (UEC) at 3.75 I think are pretty safe bets right now. DNN and URRE could see their 52 week lows.
Again use 20% trailing stops and STAY on top of it...if its dropping keep moving your stops to lock in gains.
Good luck.
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