(This post was last modified: 2015-09-29, 11:08 PM by GlobalCitizen.)
RE: US Stocks - Watchlist and Discussion
(2015-09-29, 10:00 PM)shaunattwood Wrote: TWX: Relative strength nose-diving. A good run up. Great to read that someone is shorting. What was your entry price?
67 today. I've been on the wrong side of the trades lately, so I decided to open up my books again. Using Stan's method, I realised that shorting is better now. A lot of the stocks that I normally go long in, are all below their 30-week MA. However, TWX seems to meet all of the criteria to short. The relative strength is indeed taking a nose-dive. My question is whether this will keep diving?
MU looks like another good short but I don't know if it will continue to decline.