Stock shot up this morning on its results for the quarter. Will be moving the opposite of HCTL this time; shorted at 7.00.
Careful....volume is huge. Today is not the day to short. Maybe tomorrow(Monday) but not today
You certainly have a point there ;); by no means do I expect it to end in the red...but 200%? Doubt it. We shall see. In all likelihood, I will be in and out throughout the session.
Happy trading :D
Nut, you covered ? I see a rally back to the highs of day comming !! ;D
Nope. Still think it has a lot of room to fall. Realistically, net sales are down, net revenues are way down. Just a lot of upward manipulation, similar to HCTL. We haven't seen the lowest yet today...or so I hope :D
Good luck to all!
Although, I think you may have been on to something. Should have covered around 6.50, waited for it to go back up, and shorted again. Hindsight :(
Well the short would have worked out well today. Really thought this one would do better today. I kept looking for an opportunity to get in but it just kept failing intra day. May try to get in around $5. The 50% fib retrace is just below $5 and looking for a bounce. Either way will end up with a black candle the way it looks.
Still sitting short on this with my full position. I wouldn't be in a big hurry to take a long position at this point. The intraday chart has been pretty sad; I think it'll continue down early next week.
Good luck to all!
Today's market isn't helping anything on the long side. :-\
Great trade NUT ! ;D
Quote from: kslifka on December 01, 2006, 03:01:33 PM
Today's market isn't helping anything on the long side. :-\
Very true. Looking dismal across the board, with the usual exceptions (i.e. EFUT) ::)
Covered at 5.40 (actually, was stopped out). We'll see what it does on Monday ;)
Quote from: nutsterrt on December 01, 2006, 03:41:56 PM
Covered at 5.40. We'll see what it does on Monday ;)
Nice call; I would have thought it crazy to short ENPT this morning...but when the market sucks...suck (short) the market. ;D
Shorted again at 5.30 today.
Bought a little at 5.15 ;D
Probably a good move. I was in and out throughout the session. People made lots of money on the short this AM, and a lot more on the afternoon run.
ENPT...I like what I see. Hit above $6. Now lets's close up there to put in a nice candle. >:D
ENPT finally looking good.
Sill moving nicely...even on a down day in the overall market. :)
If ENPT can close above $6 today...I think $7 could come in a hurry. ;)
7.47 within sight :D