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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: dloy who wrote (7536)1/29/1999 1:48:00 PM
From: LastShadow  Read Replies (2) | Respond to of 43080
 
IMON based at trendline, has habit of gapping at open, On Balance Volume is high and locally climbing. intraday trading range got very tight last couple of hours, no large blocks selling, its hittingoversold signals, and I think Monday might be an up morning.

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...



To: dloy who wrote (7536)1/29/1999 4:14:00 PM
From: Shane Venem  Respond to of 43080
 
I'm short IMON at 8 1/4 as well. Walks like a dog. Talks like a dog. Probably bites like a dog too, though. And I've got a few scars on me arse from shorting dogs.