Profit From Prices stock signals

September 21, 2007

Nike – NKE- Is this time to short sell Nike stock NKE?

Filed under: Sell, short sell, U Turn — Tags: , , , — profitfromprices @ 4:37 pm

NIke- Is it worth short selling at today’s rate?

Nike – NKE- Is this time to short sell Nike stock NKE? Only God can tell for sure. However Profit From Prices says that with stoploss at today’s high price, it is worth short selling it over the next few days. Today, I don’t know what news was there, but the stock opened strong but closed lower with more than normal volume. Looks like some influential circles sold heavily today. Maybe they know something that we don’t.

For more details on this stock trading strategy, please visit http://www.profitfromprices.com/

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