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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Jill who wrote (6867)	3/24/2005 4:48:59 AM
From: Walkingshadow	Read Replies (3) of 8752

Hi Jill, FWIW, I'm short KKD here... the reasons: 139.142.147.218 139.142.147.218 stockcharts.com[w,a]daclyyay[dc][pb100!d20,2][vc60][iLg!Lyb20,2.0]&pref=G KKD has rallied too far too fast, and is now extremely overbought at the top rail of the regression channel and the BBs. Notice also the BBs have gotten extremely expanded, and will now tend to contract. Furthermore, KKD has rallied into resistance, and closed on the descending 100 sma (which is resistance). These features make KKD a relatively low risk short, IMHO. T

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