Honestly, I’m mildly bullish here as I’m looking for a strong test of the 50 day average…I could be wrong…and looking at the news from Japan and the Middle East, it makes sense to keep some short candidates handy.
This screen was adapted from William O’Neil’s classic short setup.
Damn. And Jake bought HL today. This market is not easy for sure.
Jake’s time frame is different. This is a short setup so we would expect it to be a quick trade, maybe lasting 2 – 5 days. Jake is looking at weeks or months.
Yes Wood. I understand that. But the timing of his entry confused me. Your SLW power dip was very good. According to that, you sold yesterday. I sold as well. But I will be looking for entry again. Hopefully, you wouldn’t forget to post that this time:)
If I see some more metals picked out for buys by the PD, I will post them.
Thanks Wood. Would appreciate that.
Is there a good definition and free online site for “This screen was adapted from William O’Neil’s classic short setup.” I would be interested in running this screen
Nathan, I would google William O’Neil Short Setup.