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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: TheKelster who wrote (3025)8/18/1999 12:29:00 PM
From: wallstreeter  Read Replies (3) | Respond to of 18137
 
saw a downward trend on egrp at 11:20 est time as it went below 29 on pretty good volume. so i shorted at 28 7/8ths macd was starting to turn bullish then it started to reverse on me and i got out by covering my short at 30 1/8. Im glad i again stuck to my stop loss.
would anyone care to anlyze this trade as i thought it was going back to 28 to 28 1/2 again
thank you
wallstreeter