Petsamo wrote:RIMM must have gotten some good news
Petsamo, do u use this site… short interst history on nas stocks.
Eg: compare aapl short interest reduced by 22% over last month, while rimm shorts are still strong (squeeze?) also note rimm “days to cover” almost 2 days, compare with amzn shorts still strong with same almost 2 days to cover, etc, etc… http://www.nasdaqtrader.com/Trader.aspx ... rtInterest
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Market neutral.
Had a pilot short yesterday that was stopped out during yesterday's closing spike for small profit.
In spite of gain, technicals still look weak. Looking to re-establish short at higher prices.
Mechanical model is in sell mode.
Today is interesting for Tom DeMark followers. I believe a TD Sequential Setup buy signal will trigger today with an SPX close <1188.04. Above that, the setup is nullified, which I guess would keep followers of this signal on the sidelines.
Petsamo wrote:RIMM must have gotten some good news
Petsamo, do u use this site… short interst history on nas stocks.
Eg: compare aapl short interest reduced by 22% over last month, while rimm shorts are still strong (squeeze?) also note rimm “days to cover” almost 2 days, compare with amzn shorts still strong with same almost 2 days to cover, etc, etc… http://www.nasdaqtrader.com/Trader.aspx ... rtInterest
I have no clue what's going on there. I have a degree in accounting, not finance.
broken as I said, now the MA200 (red curve) is the resistance. I believe the price will hanging there for awhile.
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NUS is another possible good pick..It has had a good PBOH..Previous pick FIO is doing ok.These are swing trades.Watch the mkt they will go with the trend.