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27 Nov
Posted by Sensei @ 10:53 pm on Tuesday, November 27th, 2007 in What Worked Today
Being long. Yesterday was a disaster in the market, and I was long. I couldn’t post because I’m on vacation and don’t have ready access to internet access. I saw what happened today. It looks like the bottoming process has definitely started. We should get a second up day tomorrow. We haven’t seen two in a row in the green in awhile. I’ve been long the RUT and today I split it between RUT and NDX. Even after todays big NDX move.
SPLS - Moved higher today. I was way early in this one, but maybe the run in SPLS continues and helps out my calls.
SNDK - Had a great move and today I’ve finally got a buy signal on it.
ATVI - 13% pop today. I need more help for my options, but I’ll take the move.
I’m not seeing a ton of stocks turning here yet, but some ideas are:
PLUG, CSIQ, ESLR, CIB - Been lookn good for weeks.
EMC looks like a raging buy here - note I’m long EMC and tried to buy more today and didn’t hit my price - I’ll look at it tomorrow.
Keeping a watch NYX and NMX closely for a turn down. Technicals don’t look hot there, NDAQ still looks amazing long term.
I want to look for a buy signal in QTM. Looks like an excellent correction.
I’m hanging out in NYC this week, maybe I should try to get my face on Fast Money by banging on the glass? ![]()
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