The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: TH who wrote (282756)	10/12/2010 10:25:20 AM
From: Smiling Bob	Read Replies (1) of 306849

WYNN has gone ballistic 103.2 very ripe what's not? Big Move Expected in Shares of Wynn Resorts (WYNN) Tuesday 10/12/2010 8:40 AM ET - Comtex Smartrend(r) Related Companies Symbol Last %Chg WYNN 103.26 1.45% As of 10:30 AM ET 10/12/10 Shares of Wynn Resorts (NASDAQ:WYNN) traded 5.1% higher yesterday, closing at $93.85. The stock has been drifting higher over the past nine trading days and is currently trading in a technical uptrend. The call volume yesterday was 52,058 contracts, which is 6x the average daily volume of 8,796. The put volume was 35,175 contracts, which is 5x the average daily volume of 7,727. Heavy volume in both puts and calls suggests that traders are expecting a big move but are unsure of direction. SmarTrend is bullish on shares of Wynn Resorts and our subscribers were alerted to buy on September 09, 2010 at $89.52. The stock has risen 4.8% since the alert was issued. Write to Chip Brian at cbrian@tradethetrend.com

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