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Old 08-23-2007, 06:44 PM
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DTE shaping up for a fall

DTE is on it's 4th resistance bounce off the 50 day SMA after falling through June 6-7. May come up a bit more before the expected drop. I'm watching for a clear breakout above the 50, buying on retracement, totally by the book. Otherwise, if it drops again, could be good for a few points down.

Short term it's been tight sideways for 3 days between $48.65 and $47.79. Watch for a breakout either way.
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Old 08-23-2007, 11:36 PM
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definitely looks interesting with the Moving Averages about to cross over. I wouldn't short it until it is getting ready to test 47.03, could also pop like u said. Another one to keep a close eye on. Looking like a coin flip my friend.

http://finance.yahoo.com/charts#char...urce=undefined
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Old 08-24-2007, 04:04 PM
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Let me know if I have this right... I'm looking for a short sign under the low of the last day where the close was higher than the open? (August 21st)

Didn't notice the MAs crossing until you mentioned it. Makes it look even better.
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