A quick update. Monsato, along with the market, has opened higher today.

I'm would wait until the last hour of trading today to open this trade, as it
will give a really nice entry point and increased profit.

If the market makes any sort of significant turn around, use that as the
signal to short Monsato. 

monsato analysis

Trend Analysis By Marketclub.com

Update

Monsato had a huge up day yesterday, but it wasn’t enough to break the downtrend line. If you watched MON at the market close, the entry point would have been $89.00+

If you didn’t see the original trade recomendation, here’s a link

New Hot Stock Pick: MON – Short (10-19-08)

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