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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: TradeOfTheDay who wrote (6317)10/14/1998 10:10:00 AM
From: Tom Trader   of 44573
 
Looks like the BKX is breaking down again

I just got a sell signal on it and unless we see some recovery we could see weakness in the overall market and certainly limited upside.
Also, as Don, said the fact that it is options expiration week, causes anomalies.

Re PVN, I just looked at the earnings information and I agree with you that it does look fishy. I may short the stock today if it looks like it cannot close above its 200dma or if it reacts negatively after the conference call.
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