Relative Value

There is not much I don’t think is too rich on the board, however CCJ ( Cameco) FCX ( Freeport McMoran), GE seem to be instruments where you can at least quantify your risk.

FCX is off close to 20% from the high…it has to maintain over 108.40. Macro stop are over 111.44. 114.70 is as much as I would look for in this Miner.

CCJ can be traded with a 37.50 stop

GE ….the Stop would be 19.70

After 2:30 CT if you feel like your missing something

Only play in those instruments where you can clearly define your risk!

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