DOW 15,307.20 -0.52%

NASDAQ 3,463.30 -1.11%

S&P 500 1,655.35 -0.83%

VIX 13.82 3.37%
SPX 500 (CFD) 1,659.40 0.24%

DOW (CFD) 15,349.00 0.27%

NASDAQ 100 3,007.10 0.27%

EURUSD 1.285 -0.42%
UK 6,840.27 0.53%

GERMANY 8,530.89 0.69%

FRANCE 4,051.11 0.37%

SPAIN 8,462.40 -0.02%
H. KONG 23,260.00 -0.45%

JAPAN 15,656.00 1.60%

KOREA 1,993.83 0.64%

SHANGHAI 2,302.40 -0.12%
NAT GAS 4.18 -0.21%

GOLD 1,387.00 0.68%

SILVER 22.21 -1.04%

COPPER 3.36 0.72%
FRANCE 2YR 0.19 -10.90%

GERMAN 2YR 0.00 -128.57%

ITALIAN 2YR 2.18 27.59%

SPAIN 2YR 2.81 8.21%
FRANCE 10YR 1.90 -0.37%

GERMAN 10YR 1.43 2.59%

ITALIAN 10YR 3.91 -0.31%

SPAIN 10YR 4.18 -0.17%
WTI 94.28 -1.98%

BRENT 102.30 -1.55%

WTI/BRENT 8.02

321 CR SPR 21.96 10.04%

FIO: Hammer Time

By RaginCajun – Wed May 9, 2012 2:42pm – 2 Comments

I took a starter position in $FIO here. The stock has been down for 9 consecutive days, from $30 to $20 in a straight line. It’s hammer time, looking for a bounce here:

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2 Responses to FIO: Hammer Time

kunal00 says:

May 9, 2012 at 2:46 pm

yeah! i like it.. fio is one of your goto’s you always nail it. nice

RaginCajun says:

May 9, 2012 at 2:46 pm

indeud. Stock has been punished. SHould get some hype from facebook as well.

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Major US	US Futures	Europe	Asia	Commodities	2yr Euro Yields	10yr Euro Yields	Oil
DOW 15,307.20 -0.52% NASDAQ 3,463.30 -1.11% S&P 500 1,655.35 -0.83% VIX 13.82 3.37%	SPX 500 (CFD) 1,659.40 0.24% DOW (CFD) 15,349.00 0.27% NASDAQ 100 3,007.10 0.27% EURUSD 1.285 -0.42%	UK 6,840.27 0.53% GERMANY 8,530.89 0.69% FRANCE 4,051.11 0.37% SPAIN 8,462.40 -0.02%	H. KONG 23,260.00 -0.45% JAPAN 15,656.00 1.60% KOREA 1,993.83 0.64% SHANGHAI 2,302.40 -0.12%	NAT GAS 4.18 -0.21% GOLD 1,387.00 0.68% SILVER 22.21 -1.04% COPPER 3.36 0.72%	FRANCE 2YR 0.19 -10.90% GERMAN 2YR 0.00 -128.57% ITALIAN 2YR 2.18 27.59% SPAIN 2YR 2.81 8.21%	FRANCE 10YR 1.90 -0.37% GERMAN 10YR 1.43 2.59% ITALIAN 10YR 3.91 -0.31% SPAIN 10YR 4.18 -0.17%	WTI 94.28 -1.98% BRENT 102.30 -1.55% WTI/BRENT 8.02 321 CR SPR 21.96 10.04%