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KauaiDave
11-06-2005, 11:13 PM
I ran the Stock Screener, and the Trade Module on this stock and it seems to be a good short.

Your mileage may vary, KD

rosow
11-07-2005, 01:36 AM
Dave,
This one may work out but it's a very low volume stock moving off of the minimum wave C target. Ideal trades on the daily charts usually stem from the typical wave C target. Just my 2 cents.

Lenny

KauaiDave
11-07-2005, 01:45 AM
Lenny,

Thanks for your 2 cents. Here are some other thoughts I had, that fall into the general category. I noticed a TS3 sell signal on the YM daily chart, so I did further research to see if this could be more broad based by running scans on the DOW, S&P 500, and the Russel 2000 and indeed I found that there were 10 sells for each buy. I didn't check every stock in the trade module, but many of them had trade setups. It will be interesting to see if there is a big selloff in the markets tommorow, and the start of impulse waves going down.

Cheers, KD