Wednesday, April 21, 2010

Something Foul

I smell something foul in the market coming - new highs are imminent, but if we do get a pullback, these are my favorite names, $LO being severely overbought on daily I think it is due for one, and $ADBE could definitely catch a breakout here, but risk is better buying back at the 200 ema. I'm still long $SPLS, bounced nicely today off support trendline, looking for follow through tomorrow, just trading my plan. CHARTS - these are my favorite "buy on pullback" trades in case you are cautious:


More charts posted to my twitter




SCHW


ADBE



LO

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