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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: ynot who wrote (59706)9/14/1999 11:54:00 PM
From: HarryF  Read Replies (1) | Respond to of 90042
 
Hi ynot (why not?) just curious how long you would hold PHCM as a short? I've tried to daytrade PHCM a couple of times, and barely came out whole! It moves so much intraday that it's hard for me to tell if it's just bouncing around or if it's reversing. What do you look at to decide that it's time to short it? (actually the daily chart does look like it's headed down, but I wouldn't want to get caught the wrong direction with this one) thanks.