The Week Ahead 9/28/09
{+++}Hope you guys had a great weekend, The market may want to correct a bit more here, but some of the very short term technical indicators tell us we are slightly oversold. Nothing really jumps out at me here as the short side need more time to set up and I want a better grasp of direction.
I am trying to improve the watchlist so it’s a little easier to read. Take a look at COCO and ZION for starters on the short side, I have a feeling we will have much more to talk about tomorrow night. I will post to the site during the day tomorrow if I see any setups long or short.
| Date | Symbol | Buy Price | Short Price | Stop | Action | Result P/(L) | Triggered |
| 9-24-09 | WYNN | 67.86 | 70 | no | |||
| MCO | 23.00 | 23.50 | Sold 1/3 sold 1/3 | +2.00
+4.30 |
yes | ||
| MHP | 26.19 | 26 | Sold 1/2 | +2.00 | yes | ||
| NAV | 40.31 | 42 | Sold 1/3 | +1.30 | yes | ||
| QSFT | 16.30 | 16 | Sold 1/2 | +.80 | yes | ||
| SIGA | 8.43 | 7.65 | yes | ||||
| MELA | 10.50 | 9.25 | yes | ||||
| 9-28-09 | COCO | 17.29 | 18.25 | no | |||
| ZION | 17.39 | 19.00 | |||||