WLT Update: Getting The Hammer Early

June 24, 2008 10:22 AM

WLT is down over $7 off the opening high, as I warned last night. Yesterday was a complete head fake and i said the trade was to still short under the high today. Bingo. Opening high $106.29 and down she goes.

Comments

5 Responses to “WLT Update: Getting The Hammer Early”

  1. Tom@StockBlade.com on June 24th, 2008 10:28 am

    That thing is getting CRUSHED….ha

  2. Tom@StockBlade.com on June 24th, 2008 10:29 am

    The market is “trying” to reverse off the lows here…so not sure exactly how low WLT will go…just don’t be a pig…there was a “free” $7

  3. Tom@StockBlade.com on June 24th, 2008 10:53 am

    Make that $9 plunge off the opening high to the low…not bad for a few mins. Take the profit, turn off the pc and go shopping…ha

  4. Tom@StockBlade.com on June 24th, 2008 11:48 am

    Should have taken profits when I said as i saw a market reversal coming, as mentioned. WLT would have to close above the open today …

  5. Tom@StockBlade.com on June 25th, 2008 12:30 am

    The trade was once again to short below the high of today…..I only have so much time in the day to save the world…lol

Got something to say?