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06 May
Posted by Sensei @ 2:18 pm on Wednesday, May 6th, 2009 in Market Comments, Stock Comments
Note: none of these I captured due to QuoteTracker beta update literally wiping out my entire setup. I spent my morning and afternoon rebuilding, restoring, emailing tech support – very annoying. Had to happen on one of the best days.
AHD, FLOW, CHRT, AGM, DM, TYPE, HW, CIT, GKK, BFRM, MOT, MNTG and more, but lets leave it at that.
Previous day watchlist winners are PACR and GFI. I sold out PACR @ 5 this morning breaking my rules. Of course what happens? PACR is now above 5.3. No reason for it. I’m not touching GFI unless I see something.
This market has been especially friendly to mid/small and microcap breakout runner type momentum stocks. Unbelievable in fact.
Still what I see on the intermediate time frame is that this market move should be faded. I started writing this post at Dow 100 now Dow 67. Might be working
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