Tuesday's Prospects: Round 2

I intend to analyze the Internet infrastructure company Verisign Inc. (VRSN) as a potential bear play. It was the only downside breakout among the eight major-market survivors of my first round analysis. (See "Tuesday's Prospects".)

One of the seven upside breakouts failed confirmation, and the others were tracing counter-trend moves.

I'll post the VRSN analysis prior to the closing bell today.

References

My trading rules can be read here. And the classic Turtle Trading rules on which my rules are based can be read here.

Disclaimer

Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.

No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decisions for his or her own account, and take responsibility for the consequences.