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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Gulo who wrote (11350)8/31/2005 9:43:18 PM
From: chowder  Read Replies (2) of 23958
 
Regarding ENER: The open may dictate the way to play it. If price gaps down at the open, it may be a signal to take profits.

If price opens relatively flat, then looking at the first 30 minutes of trading may indicate the next move.

With the amount of volume that appeared today, and price couldn't continue higher, may be indicating lower prices. We may have seen an exhaustion gap. If we have, it should gap down at the open.

stockcharts.com[h,a]daclyiay[d20050531,20050831][pb50!b20!f][vc60][iut!Lah12,26,9!Lc20]&pref=G

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