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OMTR SHORT (Swing Trade)

By Brett Goldstein on Oct 08, 2007

You can probably get away with short OMTR here at $35.70 for a swing trade. I sold my position here expecting a correction in the coming week where I can re pick it up.

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This entry was posted on Monday, October 8th, 2007 at 11:25 am and is filed under Annotated Analysis. You can skip to the end and leave a response. Pinging is currently not allowed.


5 Responses to “OMTR SHORT (Swing Trade)”


By Tony on October 17th, 2007 at 5:22 am

OMTR–great short–shorted at 35.38 covered at 33.56.Thanks
Looking at NDAQ for quick short term trade–Opinion ???
Thanks again

By Brett Goldstein on October 17th, 2007 at 11:43 am

Hey tony. NDAQ is coming down to its 20mva where it may find support. So i would be a little cautious shorting it.

By Beth Potts on December 20th, 2007 at 2:01 pm

I don’t like swing trades, but if you do one, wize trade does suggest it.

By Mike Foster on January 4th, 2008 at 1:33 pm

A short sounds great. I also suggest a stop-loss. Wizetrade shows shakiness.

By Jesse Sanchez on January 18th, 2008 at 3:05 pm

I just don’t trust this stock. They seem kind of “murky.” What do you all think? I think I need to keep a tight stop with wizetrade.

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