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To: stan_hughes who wrote (1143)7/25/2009 1:19:29 PM
From: Rocket Red1 Recommendation  Respond to of 233928
 
Shorts will set the stage for higher prices



To: stan_hughes who wrote (1143)7/25/2009 1:27:04 PM
From: kidl  Read Replies (4) | Respond to of 233928
 
EVG shorts, if there are any, are what I would call "technical shorts". At least most of them. These guys hardly ever look at FA or even NR's. In fact, most of it is probably program trading purely based on the old TA concept of retracement which works most of the time.

I am a little worried as expectations are very high based on recent results. Any good but less stellar results may just result in a dip. I am keeping some powder dry in case this happens.


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