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Strategies & Market Trends : Charts With An Attitude; Trading In & Out -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (4361)12/16/1997 1:18:00 PM
From: Instock  Read Replies (1) | Respond to of 4701
 
Jim: ( DANKY Short Sell ) Danky dropped like a rock this AM on BAD earnings News. Is there anyway to figure support and resistance with a large drop as it has done.
I got in at 13 1/4 short sell.
Trying to figure where and which way its headed.
I figure maybe 12 1/4 before Short Covering and Long positions start the price back up some.

If you could take a quick look and tell me what you see, it would be greatly appreciated.

Thanks in advance

Scott