Nothing Like Big Volume And A Big 8% Gap Down

April 23rd, 2009

Here is one of our stand-out shorts. I knew something was funny with this stock we shorted it last week. Since, we have locked in a very nice profit with stops but today’s huge gap down on incredible volume is very promising. Really, a target in the low 60′s is not going to be hard to get to after this move down. Bet some of you wish you were a member on this one huh?

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Today's Live Market Quotes & Charts

NASDAQ	2778.79	-34.90	-1.24%
S&P 500	1295.22	-9.64	-0.74%
^TNX	1.70	+0.00	+0.00%
^XAU	147.76	+0.07	+0.05%
^XOI	1102.97	-6.05	-0.55%
ERY	13.31	+0.30	+2.31%
SDS	17.57	+0.26	+1.50%
EEM	37.29	-0.36	-0.96%
OIH	35.48	-0.32	-0.89%
DIG	37.49	-0.60	-1.58%
XLF	13.77	-0.16	-1.15%
XLB	32.77	-0.13	-0.40%
UUP	22.46	-0.09	-0.40%
TLT	124.20	+0.03	+0.02%
BGU	66.43	-1.92	-2.81%

05-18 17:09
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Nothing Like Big Volume And A Big 8% Gap Down