WALLSTREETGENIUS
983 posts
msg #44014
- Ignore WALLSTREETGENIUS
modified |
5/21/2006 10:46:37 PM
kb4444
- Ignore kb4444 5/21/2006 9:55:01 PM
Fellas, any comments on Shld as a possible short soon? Thanks,
KB
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KB....you don't want to short a strong stock like SHLD right after it's gaps $20. This is a major bullish sign, NOT a bearish one. SHLD is is known for it's trading ranges....and so this will most likely be the case B-4 it's starts to rise even more. IMH It WILL rise B-4 it will fall. The shorting cycle has now ended. You don't EVER want to use shorting techniques when the marker is about to bounce with stocks like SHLD. Short some piece of Sh*t stock in a crappy sector that has crappy fundies. The gap you see with SHLD, is a "Breakaway gap" NOT an "exhaustian gap." It's now hit consecutive highs 2-days running.
- RIGGS -
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kb4444
24 posts
msg #44015
- Ignore kb4444 |
5/21/2006 11:02:36 PM
Thanks Riggs, I appreciate your answer.
KB
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WALLSTREETGENIUS
983 posts
msg #44016
- Ignore WALLSTREETGENIUS |
5/21/2006 11:15:38 PM
kb4444 -
Your welcome man....and remember something....when you short those kinds of stocks, your chances INCREASE that you will be "called out." Be very careful....
Good Luck.
- RIGGS -
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TheRumpledOne
6,411 posts
msg #44086
- Ignore TheRumpledOne |
5/23/2006 10:22:05 AM
Wait for stocks like SHLD to cross below the previous day's midpoint to short.
HTH.
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