Watch list for tomorrow Thursday Dec 18thReally forced my self to sell some stock today into strength.
RIMM
EBAY
MRO
Starrting
to look for a exit on MT as this has hit target today, but was still
seeing strength so held it for one more day, Hope that doesn't come
back to bite me
I started getting a lot of questions about play
into the close a type of momentum plays, This has its benefits in
trading, but the sutuation must be different then it is today. We have
to have a confirmed rally where everybody is on board and at this
current time, the consensus is the bottom might or might not be in, and
things will get worse before they get better.
Point is? Still to
risky to look for those momentum trades, Like rolling the dice. I will
still search out any candidates for these type of gamb..umm trades
Thought
on tomorrow? Well my IB feed is down Icant se the futures, but overall
i am bullish, and feel the tide startingto turn. Soon there sould be a
big wave coming. With the potential rally< i feel it will get legs
with transportation index and going forward will be taregted and
watching close for any building momentum.
 
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