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JimVanMeerten (57.13)

Enbridge Energy sell signals



June 17, 2011 – Comments (1) | RELATED TICKERS: EEP

This morning on Barchart there were sell signals on Enbridge Energy(EEP) and I deleted it form the Barchart Van Meerten New High portfolio.

Barchart technical indicators:

1 - 96% Barchart technical sell signals

2 - Trend Spotter sell signal

3 - Below its 20, 50 and 100 day moving average

4 - Lost 13.94% from its recent high

5 - Relative Strength Index 36.08% and falling

Jim Van Meerten is a Marketocracy Master

1 Comments – Post Your Own

#1) On June 17, 2011 at 10:29 AM, mm5525 (< 20) wrote:

On a side note, but for the benefit of all, I own several MLPs (not EEP), but they have been HTB for the past 3 days in a row. Someone has been shorting these low-volume stocks quite a bit and with such low volume anyway in these names, it has worked for the big-boy hedge funds. PAA, MMP, PNG, HEP, EPB, EPD all are HTB.

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