Wednesday, August 8, 2007

080808 - Obersvation


  • I thought about trading FRPT but I didn't see any significant change in volume
  • By the time the 11am bar completed (with increased volume), I thought the 'move' was over, and I didn't want to chase it
  • What's your thoughts?

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2 comments:

  1. AnonymousThu Aug 09, 08:40:00 AM

    I was watching FRPT yesterday as well (until I realized there were no shares to borrow). It looked like a decent setup, although it seemed to be propped up above 16.00 for a long time and those first couple bars on the 10 minute chart were awfully strong. It would've been difficult for me to pull the trigger if there were shares available.

    Good luck today!

    ReplyDelete
  2. AnonymousThu Aug 09, 02:10:00 PM

    Thanks, Dave!

    Good luck to you too!

    And thanks for reading my blog!

    ReplyDelete

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