Formal Short

One of the improvements we have made to the TradersWire
is a system upgrade to allow us to bring subscribers a greater
number of alerts via the java applet and setups from Insights
From The WarRoom.

One of the setups you will be seeing more of is the Bow Tie strategy for
swing traders, developed by TradingMarkets.com’s Director of Research, Dave
Landry. Both Dave and the War Room analysts profiled Human Genome Sciences
(
HGSI |
Quote |
Chart |
News |
PowerRating)

back on June 29:

 

15:53:10

Human Genome Sciences (HGSI)
is tracing out a Bow Tie.
HGSI is currently up 1.99 at 60.35 and holds a 3-month
relative strength rating of 83
from TradingMarkets.com.

 

 

HGSI has imploded in the days since, giving swing traders a
paper profit of almost 10 points.

The setups we profile, even if not traded, provide great
examples of what to look for in your own trading. This, combined with the new
interactive chat room, allows us to distribute even more trading information
throughout the day.

Have a great weekend!

Duke

P.S. We have heard your suggestions regarding the ability to
resize the chat window, and the programmers are working on getting it done.

Hopefully we will have it in place by the middle of next week. Thank y’all for
your feedback and keep any ideas coming by sending them to suggestions@tradingmarkets.com.