I'm not going to track these, I have enough trades running. but from the list
JBL... looks like maybe one more high.
LDG is a buy out candidate, it's not going anywhere
SAPE... Wow I'd watch the news... something is weird with that...or it's massive MO MO.
celg- biotech toppy
aap.. maybe a few more pts in it.
OCR-healthcare... maybe a little more... nice stop at 29, down futures,could be a nice entry.. but Healthcare toppy.
GENZ... may have more in it, ripe for a pull back though.
tin- May be breaking out
WU... Looks toppy, but could have more in it. not bad risk reward. 26.1 stop 28 entry.
RL... Yuck... you could day trade it.. one way or the other.
amzn. There is an entry... Maybe it has more.
PWR, looks good maybe a breakout, Nice entry 1% off a nice stop.
LDK, one of them Hot solar plays
kr May have a few points
mrvl looks ok... not too scary...
swks, this doesnt look too bad... ready for a nice parabolic move
agn, that isn't a horror show.
yrcw... I'd be nervous.
NFLX... wierd how the news is bad and it looks ok for a chart. 1% stop could move.
el.... RUN
RJF looks ok
onnn is ok... Maybe
josb looks ok.. ready for a run 1% to stop
I think I'm tired, I may mean 10 % to those stops... which if you watch it and trade it right.. you could be ok.
snh looks ok for a short run.
overall.. most of these look like they could be close to a "top" the semiconductors look the best.... but most more toward the top than a bottom.
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Friday, August 15, 2008
let me run the list
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