stockgobblin
7 posts
msg #38773
- Ignore stockgobblin |
11/8/2005 7:28:37 PM
I was looking the accumulation distribution of SNTO and it seems to be decreasing while the price has gone through the roof. I think it is overbought and an excellent short. Any ideas. Thanks
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EWZuber
1,373 posts
msg #38790
- Ignore EWZuber |
11/9/2005 1:59:46 PM
stockgobblin, very dangerous shorting stocks that are moving higher on massive buying volume. Sure there could be some consolidation but you're trying to swim upstream in a heavy current.
So far the supporting trendline has not been violated indicating the uptrend is still intact.JMHO
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stockgobblin
7 posts
msg #38795
- Ignore stockgobblin |
11/9/2005 6:20:15 PM
Thank you for you post.
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