Tuesday, November 8, 2011

Cable and Euro Looking Like Death

Sometimes when these things just look "too perfect" as a short, they are just setups.

With Euro doom on the front page every day (or Euro salvation depending on your viewpoint), "they" could definitely catch alot of shorts off guard with a ramp job.

But these look weak, trying to break out, work up a wall of worry.




2 comments:

  1. Agree with you. Just lost yesterday a lot of money in shorts while was doing futures trading. Need to be more careful for a fortnight. Thanks for the graphs.

    ReplyDelete
  2. They did tank heavily late night, Euro and cable, nice kickdown

    ReplyDelete

Insightful and Useful Comment!