Journal Entry Week of January 5 2009
FAS plenty of room to the upside. Create long basket with this.
MBI breakaway gap?
Watch AGM, ACI
SKF break below $100 pending….
CSUN watch closely
DRYS target $18.50
EBAY – S2 in place, shallow but potent target ~$20. N/L ~$15.30
AAPL, GOOG multiple b/o’s. Watch for shakeout/recovery.
MCHP, MRVL, NVDA, RIMM rally in progress
SPY & OIH target 96-97. Focus here. Would love a shakeout to $75
ERX – triple LONG energy multiple breakouts. Check WTI and Dubai. Breakout on good volume. Watch pullback to $40 for entry/shakeout.
ERY – if energy complex rally false, this is triple SHORT energy. HUGE volume on Friday. Unusual.
POT near n/l breakout with very shallow S2. AGU already through n/l so watch for shakeout.
AKS at n/l
CLF through n/l
F- ready for another leg up.
Monitor solar and CHINA for breakouts. Possible breakout already in progress, may have to buy early and leave alone:
FSLR, CSUN, CTRP, BIDU
Will airlines pullback after taking off last week?
DAL, LCC, AMR
Goldman might pullback after 4 updays.
Possible 2xbottom in ISRG
