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New Energy Exchange Ltd. Message Board

  • mctr_dangerfield mctr_dangerfield Sep 17, 2007 12:19 PM Flag

    shortmomo the Bull Flag presents opportunity

    on both the short and long side.

    I predicted the recent pole...the formation typically repeats, with a higher and higher base. So right in this contracting band is opportunity for you to exit without too much damage from the last cycle. It is also opportunity for new longs to enter, post the premarket exhuberance and hold for long term gains.

    Most shorts last go round believed this to be a bullshit fabricated company. They now have researched enough to understand the muscle behind this subsidiary. Big money will start to accumulate on pullbacks. Fast money gets squeezed, new shorts pile on to supply the next pole's action.

    Unless you are a trading short, your bet is in serious jeapardy.

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