Posted by frtaylor on 17th of Aug 2010 at 05:25 pm
As a new member and someone that has only done active trading
for about a year, I am not familiar with your shorthand. Is the
range of 37.30-37.22 a viable area to short JPM, once it breaks the
lower support of the flag pattern? Thanks,
As a new member and
JPM
Posted by frtaylor on 17th of Aug 2010 at 05:25 pm
As a new member and someone that has only done active trading for about a year, I am not familiar with your shorthand. Is the range of 37.30-37.22 a viable area to short JPM, once it breaks the lower support of the flag pattern? Thanks,
Roger
By BD he is referring
Posted by pthoreson on 17th of Aug 2010 at 05:28 pm
By BD he is referring to "BreakDown" from what appears to be a bear flag. And, yes, that would be a logical place to short.