Friday, November 20, 2009

LMDIA analysis

In today's watchlist I neglected to mention LMDIA, which was setting up nicely in the bb/mfi analysis yesterday, and which has come through.

If it weren't for the impending holiday, I would open a bear position on the stock. It meets all the requirements of the bb/mfi analysis.

But, for the reasons I gave in the watchlist, no trade today.

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