Tuesday, January 15, 2008

1/15 New watch-list for tomorrow

I'm still watching yesterdays watch-list. I would like to add that these are not ideal times for the conservative trader to trade. If risk is not tolerable for you, then just sit and watch for now.

On the other hand if you can tolerate risk, I believe I have found a couple for you.

Take a look at GIFI, this could be a nice short tomorrow all the way to $26.00 or further.

Heres my complete watch-list:

RVSN - short
HNP - short
YUM - short
FMCM - short
GIFI - short **
SKF - long
DXD - long
DUG - long
SDS - long
IEF - long
HLEX - long
CLNE - long

The reason its so risky right now is the market is just vacillating back and forth, one day there's
a solid short set-up and the next day it's long and vice-versa. This is why no matter what the
watch-list suggests watch the opening hours.

Ill post any entries in the morning.

Good Night

Mark

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