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Showing posts from January 5, 2009

Thoughts....

Since many from the list have triggered the past couple of days, the breakout watch has been depleted. I've added a few tonight that I feel will be worth watching over the next week or so. Several in the update need some more time under resistance to allow the 50 Day MA to flatten out. As usual, they are all short to intermediate term setups. To hold the risk to a minimum, the 8 MA can be used as a guide for a stop. If any bust over resistance, they should work pretty quick. I don't see a point in waiting around hoping it's going to work when there are a ton of other opportunities out there.

New Setups for January 6, 2009

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