Thursday, October 07, 2004 6:39:20 PM
USEG - Nasdaq Bottoms
Watch this one. First time in a month that volume has been this high. A look at this long, boring base as the money flows continue to stay positive.
Only thing is that there are 330k shares short. That is good if they are wrong. Bad if the shorters are right.(How is that for obvious? LOL)
200 Day Moving Average looks like the next hurdle.
Watch this one. First time in a month that volume has been this high. A look at this long, boring base as the money flows continue to stay positive.
Only thing is that there are 330k shares short. That is good if they are wrong. Bad if the shorters are right.(How is that for obvious? LOL)
200 Day Moving Average looks like the next hurdle.
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