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Strategies & Market Trends : Shorts waiting to happen

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To: Joel Brussell who wrote (428)8/7/1996 12:55:00 AM
From: Cadaver   of 852
 
I expect tomorrow to be an outside day for ASND. Might open higher and fall during the day. Puts will be too expensive by the time it occurs, especially if it closes near the day's low. So not waiting for the signal on the chart is simply a calculated risk.

McCellan oscillator is good for spotting reversals but i'm more of a pattern type guy.

Cadaver
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