Tuesday, March 25, 2008

Short YGE

Short YGE at 17.20

- FSLR reversal intraday
- Dow reversal?
- YGE momentum red
- lots of low volume rallies in Chineses stocks
- FXP oversold
- Expect profit taking, and tame bid action to bring Chinese stocks down a bit.

2 comments:

Gio said...

I got 4 red candlesticks on the 1-hour chart for YGE in the past 20 minutes. This one is a fighter. Melts up. It seems like shorts are afraid of the broad market rally because they keep scrambblin' for shares whenever the Dow taps green.

Gio said...

Momentum turned green on YGE. Dow moving up in final hour. Time to exit soon.