Tuesday, February 23, 2010

Today's triggers

Decent day from newsletter as we got off a long and two shorts:

GS we wrote could be good for 2 points through 158 (160 resistance). Only regret is not shorting it through 160 failure.

WLT set up base and break 78 for daily short at 77.6

BUCY we had short at 62 which worked well.

We're flat now and going through charts -- coming up we'll post the charts of some of the leader stocks with possible support points.