Monday, February 8, 2010

Some shorts for the watchlist

These are the same shorts that I had posted last Wednesday. I am angry at myself for not following them afterwards. Hope some of you readers did! However, it turns out its not too late and they all still could make for excellent shorts.

RL - Very weak bounce today. Low volume, and closed at bottom half of daily trading range. Look out for it falling through 76!

PSSI- Poor chap got rejected right at MA(200). Serves it right though for even attempting to break it on such light volume!

DBB - Look at the volume today! Ever seen a weaker bounce??

Like I said, I do regret not keeping an eye on these stocks since last Wednesday as I could have made some decent profits. But on the brighter side, still very "shortable"!!

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