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.

XLF
XLF
COCO
COCO
ZION
ZION

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
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