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Sell Signal for This Week


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#1 Frac_Man

Frac_Man

    Hank Wernicki M.A.

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Posted 09 February 2007 - 08:50 PM

On Target


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What's Next ?

#2 Net

Net

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Posted 09 February 2007 - 09:02 PM

Hi Hank, Thanks, as always. Is your 12480 call still in play? I notice that the short term rising bottoms trend line is at around 12535 for Monday, and the 50 MA could be at your target perhaps by Tuesday. So, it seems your target, if still in play, would likely be a test of the 50 MA, taking out the short term trendline in the process. (BTW, am short YM from 12725, planning to hold IT)

#3 Frac_Man

Frac_Man

    Hank Wernicki M.A.

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Posted 10 February 2007 - 09:25 AM

There may be a big suprise this coming week ...

Hank







Hi Hank,

Thanks, as always. Is your 12480 call still in play?

I notice that the short term rising bottoms trend line is at around 12535 for Monday, and the 50 MA could be at your target perhaps by Tuesday. So, it seems your target, if still in play, would likely be a test of the 50 MA, taking out the short term trendline in the process.

(BTW, am short YM from 12725, planning to hold IT)