Wednesday, December 14, 2011

Wednesdays Gameplan

Longs: CHK (23.50), KLAC (46.50), INTC (23.25), CIEN (11.25)

Breakouts: XOM<79.50, POT<39.50, VIAB (IDB R=43.65 S= 42.85), QCOM<53.75, KSS<50.00, HAL<31.50, WDC<31.00, AKAM<26.25, SLW<30.50,UAL<19.50,

Shorts: SBIX (SWING), BBY

Notes:

SPY to open lower in no mans land, making it difficult to predict direction. A choppy session could be expected.

No major news reports or indicators coming out today.

VIX @ 25.00

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