Sunday, November 20, 2011

Mondays Gameplan

Longs:UAL, AKAM, PCAR, JNPR, GG, DOW, NVDA, CIEN, CHK, BBY, RIMM, HAL

Breakouts: C (IDB R=26.75 S=25.75), COF (IDB R=42.00 S=41.00), DD (IDB R=46.75 S=46.00), TJX (IDB R=60.00 S=59.00), MS (IDB R=14.50 S=14.00), MCD (IDB R=93.00 S=92.00), ESRX<43.50, X<25.50, TSO (IDB R=24.25 S=23.25), SNDK<48.30 Notes: QQQ has taken out support but on below average volume. DIA>SPY>IWM>QQQ - DIA strongest & QQQ weakest.

Saturation longs galore, I have them in excess.

VIX@32.00

SPY (IDB R=122.75 S=121.50), DIA (121.00), QQQ already below key 56.00 level.

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