Thursday, June 16, 2011

Thursday Game Plan

Longs: MS (SAT@ 28.00), ACE (SAT@ 64.00), TRV (SAT@ 57.50) , AXP (SAT@ 47.00)

Breakouts:JDSU<16.50, STJ<47.75, PNC<58.00, SBUX<34.75, COF<47.75

Volatility:

Shorts: HIG, EBAY, SU, DOW, XOM, GG (SAT@ 48.00)

Notes:

Financial sector saturation. GG saturation also looks good, breakouts also look good. It seems like there will be something to do this session. My tactics for this environment remains the same, book em while you still have em! Goodluck with your trading!

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