Sunday, April 8, 2007

Plays for April 9

Two shorts on tap for tomorrow.

Short ENCY 3.76 after going up over 33% the last 4 trading days, it's showing a Bearish spinning top pattern, buying may be losing steam and correction is likely

Short BTH 25.74 up 20% just in the last two trading sessions, near last Nov. 20 pivot area around 26

Entered Trigger to sell short 2000 ENCY when it trades at or below 3.69
Entered Trigger to sell short 300 BTH when it trades at or below 25.60


Here I am, playing a system based on a large drop two consecutive days , and I go and buy MNST the first day , what the hell was I thinking?

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