About The Author

I will be using this site to post charts and info on stocks that I want to keep an eye on. This blog will be used as a personal reminder of all the stocks I'm watching.

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Keep watching the charts for breakouts... Updated regularly with the best looking charts I can find.

Wednesday, March 10, 2010

A few favorites on a Pullback...

In the event of a nice pullback, here are a few of my favorites:

Random:
BEE
DNDN (Pleaaaaase pull back.. Excitement is bubbling, May 1st coming soon!)
HSNI
AAPL at 211.. Fill that gap!
LIWA

Next generation internet/data center plays:
RVBD
CIEN
CSCO... Did you hear about the CRS-3??? Look it up.
RAX
APKT

LED light plays:
AIXG
VECO

Fertilizer Stocks:
POT
MON
SQM (Note: SQM also has 30% worldwide market share of Lithium as well!)

In the (unlikely) event of a breakout and continuation, I like ZANE for another move higher (Look at the 60 minute chart and tell me you don't see the potential breakout.)

I will probably post a bunch of charts on Sunday.

Always remember, you may be right but ...
"The market can remain irrational longer than you can remain solvent." -- John Maynard Keynes
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Watch out for the Top...

I like to watch the Money Flow Index at the WSJ.com... Big money block trades have been selling out of index ETFs in waves all week... more of the same today:



Not to mention, the S&P 500 futures just tagged the exact high from January today (1148).
24 days since the low on Feb. 5th and we have 4 down days (5 if you count Feb. 25th when it was down 0.75)
9 consecutive up days including today.  We are going to have a hell of a down day anytime now.  I'm not proclaiming the end of the bull market but I am however, suggesting a nice pullback.
My initial target is 1115-1110 area which would land the S&P 500 futures on the top of the large consolidation area from November-December 2009.
Second target is around 1090, at the bottom of the same consolidation area and also near the bottom of the large channel starting around April 2009.



Get your shopping lists ready and pray for a pullback to buy all your favorites on the cheap!
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