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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (135053)8/2/2006 4:46:16 PM
From: bcrafty  Read Replies (1) of 209892
 
Shack, I agree. What I'd like to see is for the press to report the real reason for the decline, something like "Institutional traders sold SBUX after its report today, continuing their shorting for a short term gain that began yesterday morning. Look for them to cover soon around horizontal support near 30." ;~}

Nice trade for you, congrats.
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