3SOF

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   

Nut, you covered ? I see a rally back to the highs of day comming !!

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 

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 ! 

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.

Shorted again at 5.30 today.

Bought a little at 5.15