Tuesday, March 25, 2008

IBD 100 as of March 25...

In order from #1 - 100

Guess who's on top?! .... ISRG. Wow!


3- month list

Day- Watch

5- day chart

Short YGE

Short YGE at 17.20

- FSLR reversal intraday
- Dow reversal?
- YGE momentum red
- lots of low volume rallies in Chineses stocks
- FXP oversold
- Expect profit taking, and tame bid action to bring Chinese stocks down a bit.

Hey, don't get lazy... tomorrow, we're fading the gap

Yup, if we get a rally, watch the volume carefully. Use some financials as a benchmark to find the reversal point of the fade. Then, day short. There's some powerful resistance points on the Dow, and I expect profit taking in the Nasdaq tomorrow. If we get the fade, short FNM (the weakest financial stock) or buy SKF, which has some floor at 100 (strange, no?), maybe even short MA... it's having difficulty making a rally here.

In truth, I'm hoping we get another big move up for a few more days, because I want to re-enter in some long term puts, like in AAPL, MA, GOOG, ISRG, and of course, LULU.

That's Gio's plan.

Thursday, March 20, 2008

Trade Alert: SKF

New longs: SKF

- Final minute fade....
- what the heck.

Wednesday, March 19, 2008

Trade Alert: ACI, SKF

Completely sold longs: ACI

New longs: SKF

- sorry, we're going lower.
- I don't care what you think, SKF is going green

Trade Alert: ACI

New longs: ACI 41.59 (day-trade)

- one of the weakest leaders today. Leaders die hard.
- a Dow rally will bring this up
- target = 42

Long ACI

Target = 42

My Notebook of Trades

... coming soon.