Discussion in 'Stocks' started by thehangingman, Jan 11, 2007.
I just shorted a bit @ $32. Day trade only.
That was fast ... covered @ $31.68. I'll take 1% in a couple minutes.
Why did you pull so soon? Doesnt that look like a familiar pattern on the chart?
As stated in 1st post it was just a day trade. Looks like I left a bit on the table but a profit is a profit.
Thats not what I mean.
It looked like a rough head and shoulders pattern half formation at the peak. Right at the peak, the volume suddenly shut off telling me that whoever covered was done. I bet it will drift right down to the base of half shoulder. 29.75
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