Annual return of 118.79% - See How Click here now!
SNDK short was pointed out on Friday Feb 3, 2006 with entry at 64.35 based on the daily mini inverse pup breakdown. (SNDK | Quote | Chart | News | PowerRating) finally leaned near the daily lower Bollinger band on Feb 10th at 58.90 to lock out all shorts. Nice 5+ point dump on the daily mini inverse pups.
The NQ's daily inverse pup also nailed our 1651 targets with lows at 1642.50 so far. However, the new lower Bollinger band sits closer to 1636.50 but we also have to be careful for a potential daily hammer. Cash is good for now.
On a side note, if any readers took (AMCC | Quote | Chart | News | PowerRating) swing from 3.05 and (PMCS | Quote | Chart | News | PowerRating) swing from 9.40 level, now is a good time to LOCK the profits on those. As they peaked out 3.60 and 10.80 respectively.
Jea Yu
Jea Yu has been involved with the equities markets for over 10-years. He specializes with intraday trading in the U.S. equities and futures markets. To receive a free 7 day trial to Jea Yu's Underground Trading Pit, click here or call 888.484.8220, ext. 1.
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