WBSN, SNPS NVDA doing great here folks, Semiconductors staying just as we expected.. If anyone is long NEM, ABX, CHBS, NCEN, MHK.. or any of our other long plays careful here, we might be pushing it. WBSN was always good, but lately its been joining its sector in a lot of disappointments. If WBSN actually warns, its "Six Feet Under".. on HBO
So you see we do believe in technical analysis, except we give a leeway for the fundamentals to come into play. Ironically, when they don't or p/e's rise and "blimp" up again, the confidence is HUGE to short and not even hang around to cover. (Bathroom breaks, walking breaks, even a tennis game is okay while you are still short. If the stock moves $.20 or $0.40 to the upside... just practice some serves and let those SHORT TRADES alone. REMEMBER its the scalpers (another word for "confidence challenged") that look ONLY at end of day or 5 and 15 minute charts that are fearful to see their trade move away by $0.05.
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