A Short on the Bounce - The Market Speculator

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A Short on the Bounce
Jul 09, 2008 12:14 AM UTC

The Market Speculator

Return	Risk
-9.40%	HIGH

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Profile & Performance

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Symbol	Sentiment	Start	Return	Closed
WYNN		07/09/08	-0.21%	07/11/08

Via The Market Speculator:

If we get a bounce, as I have been setting up for, the market will take some crappy stocks with it. Once these stocks near resistance levels, that's when I will switch from my short term long bias and establish more shorts. This chart of WYNN is a good example of what I am looking for.

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