Thursday, July 31, 2008

Failed Moves

The general markets are showing us failed moves up and down. Traders with a higher risk should consider initiating long positions for the short term. Positions I'm eye balling:

DIG
SPWR
IWM
UNG
FCX
GOOG

I expect DIG to pull back to the $86 ish area. I wanted in at $78 and never got it. Pull the trigger at $86 if you can get it either today or tomorrow.

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