For tomorrow I really expect us to chop around. We have had two trend days up and three in a row will be truly rare on that note if we do gap up it is a short opportunity.
Some stocks to look at :
BIDU- looks like it is losing steam on the upside so watch for shorting opportunity on this one.
AAPL- The same.
POT- I like short if we can move up another $5 or so. I think this see $190 soon.
CSIQ- Watch for upside as FSLR reported stellar earnings.
SOLF- Same Deal.
Oh my number short for the next 18 months was mentioned by CRAMER but as a long. Again I am not short yet but I am looking at the $115 and $110 October puts. We will see where they open it tomorrow as I might play it small on a gap up here.
MARKETJEDI
Wednesday, July 30, 2008
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