Thursday, October 6, 2011

Thursday Gameplan

Longs:

Breakouts: AKAM>23.00, XOM>74.50, COH>53.50, AXP (IDB R=43.50 S= 42.60), JCP>28.00,

Shorts: UAL 19.00, SWN 36.00, PCAR 35.75, DD, HAL

Notes:

Saturation shorts are my play for the day, we are in a bear market and we have a two day rise in equities with the second day being below average. My second play are breakouts in those stocks that are approaching key levels where if taken out could see clean price action.

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