Tuesday, October 19, 2010

My next short.



The link up there directs you to a chart that looks real good for a short position. That stock has been on a tear for the past couple of weeks. Today it gapped up huge and is now floating way above the bollinger bands. It had a spinning top type candle today, usually signaling time to take profits. Along with the reversal candle, most of the indicators are showing overbought. This puppy could still have some steam left in it, but my technical analysis shows that it's likely to have a pullback tomorrow. Let's see what happens....
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18 comments:

  1. gombyOctober 19, 2010 at 11:50 PM

    we shall see... should pick itself up though

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  2. hungrrOctober 20, 2010 at 10:05 AM

    Hopefully rises

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  3. happybuffetOctober 20, 2010 at 2:13 PM

    Been putting in that dd, fasho!

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  4. AnonymousOctober 20, 2010 at 3:26 PM

    Whoa now this is a blog with something I'm interested in. Been looking into stocks recently but just dont know what to believe anymore. Ill be checking you out in a straight way

    Thanks for stopping by my blog too I appreciate it

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  5. happybuffetOctober 21, 2010 at 4:21 PM

    Heard this thing kept going. Still think it's gonna drop?

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  6. Nerd LifeOctober 21, 2010 at 9:39 PM

    thanks for the link

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  7. Light Weight Baby!October 22, 2010 at 11:46 AM

    thanks for the chart

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  8. happybuffetOctober 22, 2010 at 9:50 PM

    Hey, I started a blog on market trading too. Check it out, broski!

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  9. AnonymousOctober 23, 2010 at 10:19 AM

    Nice charts hope it will rise up :)

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  10. RezdenOctober 23, 2010 at 12:43 PM

    That's pretty cool. Thanks for the information. Looking forward to the outcome.

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  11. AnonymousOctober 23, 2010 at 10:22 PM

    good chart. thanks =)

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  12. AnonymousOctober 24, 2010 at 9:46 AM

    I should take a look... sounds cool :)

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  13. aZZoOctober 24, 2010 at 7:49 PM

    awesome!

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  14. Light Weight Baby!October 25, 2010 at 9:51 AM

    thanks for the link!

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  15. Discerning GentlemanOctober 25, 2010 at 3:37 PM

    nice chart!

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  16. CrammarcOctober 25, 2010 at 3:43 PM

    sell sell sell!

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  17. Jimmy VolmerOctober 25, 2010 at 7:27 PM

    thanks for the link

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  18. SC2 StratsOctober 25, 2010 at 10:19 PM

    hm good info! awesome blog, you got a new follower.

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