As the uptrend continued in Synear, I became more and more wary of any unloading action by the big interests. Today represented a trading opportunity on the down side for Synear. It seemed to me that the buying power had sort of exhausted and supply had already entered the market last friday. Without any indicators or whatsoever, I believe the upside for this counter is pretty limited where most unloading activity had already taken place. My analysis could be wrong, but the probability favors the bears. A sell short on this counter for a quick punt could yield attractive results.
Ronald K
