{+++}The indices were choppy but higher today, and held their multi-session trendlines and moving averages, and until those are broken for starters the indices can still be squeezed higher. Key support to watch tomorrow is at around 1688-90 NDX and at 1043-45 zone on the SPX. So far so good, I’ve raised some stops so please note changes. See you in the morning.
Watchlist for Sept. 16
LONGS THAT HAVEN’T TRIGGERED YET:
RMBS-buy back over 18.48 (acting well again since the sell off stop 17.25
LONGS (THAT HAVE TRIGGERED):
SVA- 10.50 stop 9.25
HMIN-buy at 29.44 stop 28
RIG- buy over 82.81 STOP 81.50
RIMM long over 80.59Â stop 78.50 (we sold half today for $2.00)
BTU – BUY OVER 37.24 STOP 38 (sold half today for +1.80)
FAZ 22.50 stop 21.50
ENER- BUY AT 13.50-13.60 STOP 12.70
EDAP-Â 4.92 STOP 4.25
AGU -50.05 STOP 48.50
OREX- long at 8Â stop 8.25 (sold half +.80)
MELA- long at 10.50Â STOP AT 9.25
HLCS- 2.50 stop 2.50 (sold half +.50)
XIDE- $7 stop 7.00 ( we sold half for +1.00)
EXEL- 6Â STOP 6.10 ( sold half today for 10%)
QSFT- 16.25 stop 16.00 (if it gets through 17 it could run, we are out of half for +.80)
CRYÂ at $7.50 stop 8.00 (sold half +.80)
SHORTS THAT TRIGGERED
SHORTS THAT HAVEN’T TRIGGERED YET ****
ICE-UNDER 85.08 **** STOP 87.50