09-18-2007, 04:17 PM
|
|
Registered User
|
|
Join Date: May 2007
Location: D' burbs
Posts: 1,493
Rewards: 40
|
|
|
DVA maybe good for a short
DVA had been floating down after the Sep 11/12 run. Started selling off today and bounced off yesterday's support before the rate announcement. Didn't get much of a boost, then gave it all back beginning at 2:39p. (Granted, it's not a stock that would necessarily benefit from a rate cut)
Wouldn't be surprised to see a bit of a sell off if it breaks down under $61.25. I'll be watching for it tomorrow.
Opinions are welcome.
|
Linear Mode
