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[QUOTE]Originally posted by BooDog: [QB] [QUOTE]Originally posted by BooDog: [qb] Take a look at shipping (yes, pretty much all of them) GNK, DRYS, OCNF, EGLE, EXM, GNK, DSX, NM and i'm sure there are others. Do your DD and take the time to understand what pincher plays are about. Don't catch a falling knife, imo wait for the momentum, money and acc/dist to start to turn back up, it could happen only for a short time. [/qb][/QUOTE]shipping did well also this week (at least these did ;) ) many stuck catching risistance right around their MA's (moving averages - 20dma, 50dma ect.), kinda like evrything hesitated waiting on the next market move killing some of the pinch indicators after making a fairly decent pinch. Take a look at SHIP http://stockcharts.com/h-sc/ui?s=SHIP&p=D&yr=0&mn=1&dy=0&id=p96051008324 [/QB][/QUOTE]
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