SFLY is likely a day trade short side position over two days for experienced quick hit artists. i am using updated experimental nmnmikes scanning software which shows SFLY an almost perfect setup short after this huge run up in broader markets. a couple days of broader market digestion will statistically let stocks like SFLY give very nice percentage returns in short order(pun intended). i will short SFLY if price entry levels with risk reward ratios allow. this is a hint to place SFLY on watch lists for experienced traders of short term duration only. shutterfly may give a couple quick points.
as shutterfly nears a whole number like 24.00 time for me to bail on last 1/4 position. I will most likely be leaving money on the table but indicators are showing loss of downward momentum. very large win for one week in SFLY. have a super weekend everyone. done trading this week.
WOW! you had a wonderful time in these markets when so called Pro's have struggled to break even. The way SFLY continues to trade downward you would think $10.00 is possible! Taking last 150 shares out sometime this morning before work.
SFLY, EIGHT PERCENT TODAY. CTRP, SIX PERCENT FOR ME TODAY. MDR, SEVEN PERCENT SINCE MONDAY, ONN, FOUR PERCENT SINCE MONDAY. ******and then SWKS is my personal shining star from 29.53 down to 15.32 where I covered 100%******
Thank you Robert and Norm, Now done trading for 2011 and enjoying the Holidays!
I was scared to death!!! taking this short trade with markets so strong but took 4% in forty minutes - exactly $1.00 on 500 shares moments ago. Incredible! I have to be at work in 3 hours but have a woman's intuition about 100 shares should be kept running short but like said before I am afraid of losing even a little bit of money back. Thanks Hog! You sharing these setups with me is very kind indeed.