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Re: Stocks to watch for week of 11/5-11/9
Looking at the action in XME, made me look at it's holdings.
Ideally I would love to see a 1-2 day reflex rally, on narrowing spreads into the WRB downbar from Thursday and then fall into the tail of the hammer with a low volume test.
The rally would suckin in the late shorts, and clear some of the selling expected in the WRB down bar, then XME would test the tail on low volume, showing no follow through on the down side. Then the market would rally and the shorts have to buy get out, adding to the long order flow.
But who knows, will have to wait it out.
Last edited by ranj; 11-04-2007 at 06:11 PM.
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