CFC (CountryWide Financial) Good time to go short?

Discussion in 'Stocks' started by M3racer2k1, Mar 6, 2007.

  1. It opened .6 cents above my sell and then proceeded to drop the rest of the day..... amazing

    From...

    http://elitetrader.com/vb/attachment.php?s=&postid=1386637

    to...
     
    #11     Mar 7, 2007
  2. blast19

    blast19

    #12     Mar 7, 2007
  3. Look at the post and the resistant zone stated the day prior...
     
    #13     Mar 7, 2007
  4. #14     Mar 8, 2007
  5. blast19

    blast19

    Not buying it...I think this stock can trade wildly up/down/sideways...technicals can measure the strenght of each move, but I don't think you'll find support or resistance there. Not in my eyes on this one.
     
    #15     Mar 8, 2007
  6. Its already found resistance there twice...
     
    #16     Mar 8, 2007
  7. Why not buy the brokers and oil stocks and make it easy on yourselves? :p
     
    #17     Mar 8, 2007
  8. More fun making money when a stock goes down..lol

    I'm gonna write it off as a missed opportunity and look at other stuff out there. I need some fresh ideas...
     
    #18     Mar 8, 2007
  9. S2007S

    S2007S

    had an order to short at $37.40 today but cancelled it. :mad: :mad: :mad: :mad:
     
    #19     Mar 8, 2007
  10. You sure about that?

    If you took my recommendation you wouldnt have had a good week.. you would have had a good month on that trade alone.

    From..
    http://elitetrader.com/vb/attachment.php?s=&postid=1386637

    To..
     
    #20     Mar 12, 2007