No New Swing Shorts For Tuesday As The Market Is Still In A Long-Term Uptrend.

January 29, 2007

There is still no reason to go short, as the market is holding the 50 dma’s, here on the Nasdaq and SP 600. 3 out of 4 stocks follow the general trend of the market and that trend is up. Therefore, there is no reason to short.

If the market was in a solid downtrend these are the charts that came up on tonights scan that would peak my interest:

BAC daily

EAS weekly

NSC weekly

TXU weekly

Last 5 posts in Free Archives Shorts

Posted by Joshua Hayes | Filed Under Free Archives Shorts 

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