Thursday, March 31, 2005

Some of the best shorts (if you can find them) are IPO's

CONR WRES ADZA all broke down below support levels. CONR also penetrated its 50 dma on high volume. WRES looks like it is prepared to follow. And ADZA is just another bio stock that bites the dust after coming out. If you can find shorts on these have fun. LVS is also spinning its wheels after falling below its 50 dma on heavy volume earlier this month and looks like a continuation drop is coming if it fails its 50 dma again.

No comments: