with 40% of operating profits from China it's an interesting Bucket 3 idea that we would trade around with shorter term trades with…so, establish a bucket 3 long position on a break above $56 and then for income make smaller/quicker trades around the core position over time.

on the chart note the upward moving channel in place since late 2008…we tested the lows of the channel in late september and are now moving back up again…a break above $56 is interesting to get in

Share Button