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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum

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To: Smart_Money who wrote (6168)3/8/2001 10:15:03 PM
From: Jenna  Read Replies (1) of 6445
 
<font color=green>DISH.. 4 days of pre earnings run, earnings are out March 13, giving 3 full days of volatility and for it to prepare for a "sell off on the news" and possible put position. Of course do your own DD.

DISH broke through its upper bollinger band on Tuesday and began a slow descent as now its overbought and pulling back already. A sell off can begin as soon as tomorrow or as late as next Monday/Tuesday. If it didn't finish its run, well we know what to do, we have gone through the drill many times before
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