When Does It End?

Well I shorted DRYS at the $70 number yesterday and it worked out, when it rallied up over $70 today, I shorted it again and it worked out fine. I also shorted GNK- another shipper as their charts look like rollovers. SIGM worked for the trade I was looking for. We are so oversold that…

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SIGM

I’ll be watching SIGM for nothing more than a good bounce at some point here. $72 to $45 in a month is bit of overkill I think. Chart has damage but could be a decent short term trade

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Futures slighlty higher

Good morning folks. We are looking at a slightly higher open and probably a very volatile week. The DJIA had the worst start since 1932 and NAZZ since 2003. Strap in here-should be interesting to see if the bulls or bears take the hill AKNS-beautiful relative strength–continuation through 15.5-16 gets the low 20’sSOLF-if it take…

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There are no triple bottoms?

We shall soon see as that is what is seriously developing on SPX and DJI. We will find out if they hold em or fold em. However, be ready for what could be setting up for a vicious upside rally. I would love to open down on Monday with a thrust. It will make it…

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solar and ag stocks and QSC

I think the solars go higher but need a breather. When you see what I call the “junior solar” plays get red hot after the big solars go parabolic it may be time to take a breather. Today they opened very strong, SOLF, for example, opened gangbusters,traded sideways for a good part of the day…

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How’s That ???!!!!

Nice welcome to 2008 from Mr. Market. For Thursday I’m closely watching:PBR- is a better swing trade than a day trade, watch for heavy volume breakout in the $ 119.2-120 zoneBLUD- over $35SOLF- will probably continue higher here-if it breaks through 37.85 it could go parabolic have a great day

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Stocks for Wednesday

DGIT- consolidating after mid Dec. breakout-could make new highs soon, Thinky Equity top pick for 2008QSC- if this can get through $6-6.25 with volume I think we go to $8-8.5 Solars look very strong pre open with AKNSsigning distribution deal with STP.

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