Friday, November 18, 2011

Fridays Gameplan

Longs: SLW,ESRX (42.00),DOW (26.00),AKAM,NEM,SBUX,DD(45.00),PCAR (39.00), UAL,COF,MCD

Breakouts: KLAC<45.00,SNDK<48.50,PM>72.50

Shorts: HAL,SWN,TRV

Notes:

Saturation longs

VIX at 34.00

3 Month Libor continues to make new highs

Oil < $100 per barrel

Todays a Friday, with investors probably wanting to cover their positions after two down days which makes me believe that today will probably be an up day.

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