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Strategies & Market Trends : LastShadow's Position Trading
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To: LastShadow who wrote (7537)1/29/1999 1:52:00 PM
From: dloy  Read Replies (1) of 43080
 
IMON
On the other hand, both Stochastics and CCI are down, no large blocks re buying, so the short may not be a bad plan either...

Thanks for the background. I probably won't hold IMON short over the weekend, a little nervous right now seeing as it didn't tank completely on the news release.

If I cover before close, I'll probably reshort on Monday if things look the same -- the company's product is very ho-hum. (and using the rampant bulls on the Yahoo IMON thread as my contrarian =) ).
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