|Sent on:||Friday, May 1, 2009 7:51 AM|
I think many of last year’s winners will form a crop of future short candidates. I discussed it briefly in the February Meetup. The industry group you mention is one with many of those candidates. I will look at the charts later today and let you know what I see.
I have been distracted from trading due to an accident for several weeks and missed several good earnings report opportunities. Congratulations on the GMRC trade. I am tardy on an April Meetup because my injury and scheduling problems with the libraries but will schedule one for May.
Sent: Thursday, April 30, 2009 9:20 PM
Subject: [ibd-38] Short Opportunities
Is anyone else seeing the possible shorting opportunities in the Commercial Svcs – Schools industry group? I am seeing several bearish chart patterns in the stocks that ran up late last year. It looks like most of these may need one more run up attempt before the proper short point but I think they’re close.
Oh, and I was in GMCR today, Yes!
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