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Caution Shorts


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#1 viccarter

viccarter

    TRIN_Rida

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Posted 08 June 2011 - 09:03 AM

While intra day volatility could remain high. NYSE stocks above their 50 DAY moving average and 200 day moving averages have moved down to the point where bottoms or temporary bottoms regularly occur. My short term 45 and 60 minute charts remain on a sale though, but I could not recommend swing shorts at this juncture.