Wednesday, June 29, 2011

Wednesdays Game Plan

Breakouts: ACE>65.40 (HBO), C>40.25 (HBO), ,MET>42.00 (HBO), ORCL>32.75 (HBO), TJX>51.60 (HBO)

Shorts: RTN (SAT@49.00 & 50 SMA), SNDK (SAT@41.00), ADSK (SAT@38.00), VLO (SAT@25.00)

Notes:

SPY went up on declining volume yesterday when compared to the previous day. The SPY also is at its key level of 129.80 where if breached should continue to the upside. This market can be extremely choppy today due to Greece. I definately expect to see volatility, caution is adviced.

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