SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 683.47+0.6%Nov 28 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: chartseer who wrote (23493)8/12/2011 11:14:00 AM
From: mazel-tov  Read Replies (2) of 219479
 
Re: the "death cross"

I have found it a useful tool in shorting individual stocks. Check out a few of the names with decent volume and you will see that after the cross-over occurs, there is frequently a bounce - especially if the overall market trend is not down - and that is the point to short the stock. It especially works with the high-fliers that are momentum plays.

It seems to work out pretty well though one needs to have a protective stop and one needs to have a plan to exit the position if it works out.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext