Comments on: New Short Pick – Symbol SNHY (Sun Hydraulics) http://www.recordpricebreakout.com/new-short-pick-symbol-snhy-sun-hydraulics/ Technical Analysis for Profitable Trades Thu, 09 Feb 2012 05:28:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Steve Warshaw http://www.recordpricebreakout.com/new-short-pick-symbol-snhy-sun-hydraulics/comment-page-1/#comment-484 Steve Warshaw Mon, 15 Sep 2008 21:49:25 +0000 http://recordpricebreakout.com/?p=104#comment-484 Thanks Brandon... Here's the funny thing about both the DOW and the NASDAQ. Even though today we hugely bearish, IE massive down day on high volume, fresh sell signal on the MACD (DOW), closing on the low of the day, etc, we still didn't break through the mid July lows. In essence, today hasn't given us a clear signal, but COULD be setting up the move to the downside. If we see follow through tomorrow below 10815 on the DOW and around 2175 on the NASDAQ, then Id say we're ready to test late 04 / mid 2005 between 9800 and 10000. Thanks Brandon…

Here’s the funny thing about both the DOW and the NASDAQ. Even though today we hugely bearish, IE massive down day on high volume, fresh sell signal on the MACD (DOW), closing on the low of the day, etc, we still didn’t break through the mid July lows. In essence, today hasn’t given us a clear signal, but COULD be setting up the move to the downside. If we see follow through tomorrow below 10815 on the DOW and around 2175 on the NASDAQ, then Id say we’re ready to test late 04 / mid 2005 between 9800 and 10000.

]]> By: Brnadon http://www.recordpricebreakout.com/new-short-pick-symbol-snhy-sun-hydraulics/comment-page-1/#comment-483 Brnadon Mon, 15 Sep 2008 20:50:35 +0000 http://recordpricebreakout.com/?p=104#comment-483 not a bad pick, considering it was off almost 10% today...good call on the 11k floor too. You think this was the start of a 1k point plummet? not a bad pick, considering it was off almost 10% today…good call on the 11k floor too. You think this was the start of a 1k point plummet?

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