Here is a screen I have saved inside The PPT that screens for stocks that have room for further downside. This is my starting point when looking to short stocks, here are today’s results:
Note: PPT members click here and to save Mo-Mo short screen to your user profile.
The overall hybrid reading is 2.40, which leads me to believe we have further downside. We want to get aggressive on the buy side in the low 2.20s, but not until then. Here is a current chart of the S&P 500:
good stuff
the 2.21 is near bottom of range. you have it too far to the left.
indeed.
When I shift time frames, the numbers tend to move on me. I will update it.
@PoPimp, that’s you bidding this WEMU up?
http://spreadsheets.google.com/pub?key=pgO4gR12THCl9–GMNNCnfA&single=true&gid=17&output=html
Nice win Actionable via NVLT
just looked at the brackets… I’m the only person short in the final 4?? Damn…
On second scan I see there is 1 more hanging it out on the short side. Wassup Tracks??
Goldie …. timing is everything and like minds blah blah blah …. see ya in the finals?
Check out my “Two Against Nature” avatar ………