Weekly Watch List 2/1/10

This week should be very telling.  The markets have broken down sharply last week.  Although I was able to escape most of the brunt of the selling, it is now very difficult to get into bullish positions.    The best course of action is to either wait or do very short term trades to reduce the risk.  Once the market shows a clear message then the strategy will change.  Until then, staying safe is of the upmost importance.

Bullish list

FUN

NKTR

RAI

VRK

Bearish list

DF
BCS
CS
SYNA
ABFS
AZN
KSP
MOT
HI
TI

Good trading.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: