Thursday, August 14, 2008


CY , the regression chart says CY can go much higher , so the Regression is no help--This is a coin toss for FRI. ( but there are lots of signals.)

I hope I have the ECA short correct. Coming out of very low RSI's and a deep trough in it's recent price drop. I think it will try to retest some of that last 66's, and then start to rebound. I think 66's was the final bottom for ECA. Now just have to find the right entry, but I don't think today was the entry to go long, So, I shorted ECA as a swing trade, and If the one day short works, I'll probably go long tomorrow.

I also shorted IWM ( hedge position for my longs, ) and I shorted AVID and HD

EMAIL ME !!! anytime