Monday, February 7, 2011


The market continued to grind up on friday after it slightly sold off in the morning. The SMH sector is what lifted the S&P on Friday. This market is dangerously high but what I have in mind is the quote that a bull market climbs a wall of worries. my bias remains long, I will continue to pay attention to the OIH sector today along with technology.




Longs:

OMC (Not in list Average Volume: 2 million shares. ATR: .85)
JNPR
AET
CIEN
ALTR
DD
COST
SLB
XOM

Breakouts:

KLAC>46.00
TRV>57.60
TJX(ID)
MS>30.20
STI(ID)

Shorts:

ABT
SNDK

No comments:

Post a Comment