Monday, August 29, 2011

Mondays Game Plan



Breakouts: COH>55.00, EBAY>29.50, CHK>33.65, DPS>36.50, AET>38.50, DOW>27.00, UNH>46.25, KO>69.50,

Shorts: IAG (20.75), GG (52.00)

Notes:

SPY wedge pattern that could break to the upside today unless we get a significant gap down.

QQQ gap fill from August 17th.

IAG and GG should open higher.

Overall I have a feeling we will get a choppy day today in both directions prompting me to book profits on momentum.

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