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Potential Short Plays Even Though Dow Plunge To 1997 Levels
Posted by Stock Online Trader on February 24, 2009 in Gold, Real Estate, Stock Picks, Technical Analysis, Technology Sector
ZN is an oil and gas stock that has pretty much gone up exponentially. Today it popped 22% on high volume. This is obviously bad news for early shorts. Wait for the volume to dry out which indicates decreasing buying power. Once the early longs dump this stock the shorts will take control and ZN [...]