Tuesday, September 9, 2008

Short Setups


PRD trader said...

Hi, i already added you to my blog roll,if you do the same that will be great.Ty.

fjords said...

Hi Stewie,

Your call on LVS. Did you base that on a H&S formation?

Stewie said...

yes. that H&S formation and expecting further weakness in the mrkt.

fjords said...

I was looking at SPY and noticed that if we reach the low in July, there would be divergence on the daily's. Do you see the same?


Stewie said...

i have been watching it but we'll have to see what it looks like when it arrives. maybe just bounce and fail later. we'll see

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