2013-01-24
| Signal | Price | Bias | Subject | Owned |
|---|---|---|---|---|
| DON'T BUY | $450.500 | SELECTIVE | TECHNICAL ANALYSIS | Unknown |
Just under 2% of outstanding shares being shorted. This is probably incidental. It broke a 2-year trend line. As a bell weather there may be a changing of the guard. It could bounce back up to the trend line and then come back real quick. But it could take a lot of time to work through this.
Hap (Robert) Sneddon FCSI
Portfolio Manager/Analyst,
Castlemoore Inc. http://www.castlemoore.com