October 10th 2007
WYNN Trading Idea
*Sigh*…I shouldn’t do this. Logic is telling me that shorting WYNN is not a winning trade. But there’s also something inside of me that says this stock is toast. If it can break 144 next stop is the 50 SMA.
But we’re in a bull market and we’ve seen true leadership from some excellent companies. I don’t know. Tell me what you think.
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2 Comments »
SINA Trading Idea | A Trade A Day on 10 Oct 2007 at 3:17 am #
[...] I’m back on the bull market bandwagon. My WYNN trade was an aberration. Of course if it works I’ll take full credit and if it blows up, well, [...]
Trading Ideas Update | A Trade A Day on 14 Oct 2007 at 2:04 am #
[...] WYNN bear flag is no longer [...]