11-04-2009, 12:00 PM
Wednesday 3 NOV Update-- Looks like our recent pullback may be over and the bulls are stepping to the plate to try and re-establish a base to push back the previous uptrends.
Symbols to check out if an aggressive trader interested in something to consider trading.... AMZN, NFLX, CMG, EBAY, JOYG, AIG, ATW, RIG, JPM, BBT, GS, BEN, TGT, WYNN, V, WLT... a little more risks but ok in general: AAPL, ACI, GS, FDX, IBM, OIH, PCLN, CAT... (also like aggressive buy setup now in AIG with very tight trailing stop.)
Caveat: Am just trying to be a little more conservative with ideas right now... your other regular high-fliers could also be worth a look over the next few days if you can deal with a little bit higher risk now on new entries... would use tight trailing stops with new ideas to be safe at this stage.
Last General Comment: Deep down inside I still don't think the market wants to top out just yet... deep down inside I still think believe in SANTA... deep down inside still thinking odds favorable Santa (rally) might still show up early this year.... just not ready to give up on the recent bull despite a complex or deeper pullback the past two weeks.
Symbols to check out if an aggressive trader interested in something to consider trading.... AMZN, NFLX, CMG, EBAY, JOYG, AIG, ATW, RIG, JPM, BBT, GS, BEN, TGT, WYNN, V, WLT... a little more risks but ok in general: AAPL, ACI, GS, FDX, IBM, OIH, PCLN, CAT... (also like aggressive buy setup now in AIG with very tight trailing stop.)
Caveat: Am just trying to be a little more conservative with ideas right now... your other regular high-fliers could also be worth a look over the next few days if you can deal with a little bit higher risk now on new entries... would use tight trailing stops with new ideas to be safe at this stage.
Last General Comment: Deep down inside I still don't think the market wants to top out just yet... deep down inside I still think believe in SANTA... deep down inside still thinking odds favorable Santa (rally) might still show up early this year.... just not ready to give up on the recent bull despite a complex or deeper pullback the past two weeks.