Thursday, March 3, 2011

NASDAQ

Nasdaq is show the greatest relative strength of all the indices. If S&P catches up today we will be higher into the close.

Oil

Oil looks like it wants 99.10 area. Anything below $100 is now being considered positive!!

RVBD

Here is a stock that looks like it will get to new highs- I have been watching it but it got away but it should at least test and surprise it 52 week high.

RVBD

Upside

As I said before I strongly believe we will see higher prices and I am trying to narrow down on a time when we will see these highs. Presently I am looking at a high in April or June, so I wouldn't be looking for more than pullbacks to get short before June.
Nasdaq is on a roll here don't be surprised if we hit 3000.

Once again

Once again the bear flags were a big trap. Made note of it yesterday and that's why I cautioned about getting too bearish in a rush as all pullback have been buy able