Thursday, March 31, 2011

Thursday's Game Plan

SPY: Gap up yesterday that held intraday, the levels I am watching are yesterdays high and low. Next I am looking at 132.00 as support and 133.50 as resistance. The DOW seems to be the strongest at the moment when compared to NASDAQ and the S&P 500.

Sectors: Retail, gold and the small cap stocks seem to be the strongest at the moment as demonstrated by the IWM.

Longs: UNH

Sat Longs: LEN

Breakouts: COF>53.00, EMC>27.50

ID: BBY

Shorts: -

Sat Shorts: JNPR, ANF,TSO, UNH, RCL, TWC

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