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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: greenehugh who wrote (3283)7/2/2001 8:23:40 PM
From: Michail Shadkin   of 6873
 
Greenehugh - Re: LWIN

I think the current price in LWIN represents a very nice initial entry.
Sitting just below the 50 day moving average, which you pointed out and also quite overbought based on fast stochastics.

There is also some decent resistance around the 31 level.

Since I already have a long term 1/2 position short from 28.19, I will only add in 15-20% intervals (so my next add would be around 35)

traderpulse.com
Michail
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