Tuesday, October 13, 2009

Some Longs to Watch If We Breakout Tomorrow

Got some work to do in my basement tonight, so I can't put a video together, but if the Intel news carries over tomorrow and we do see a breakout on the indices, then these are the stocks I will be watching. I am still in my FAZ and SDS but could very well be out by tomorrow morning - in hindsight, there was no reason to take those positions before these earnings reports, even if they were small positions. Maybe I will learn someday. If we breakout, I have no problem going long. If we "sell the news", then those inverse positions may work.

Longs to watch: CATM, GOL, WWWW, LNET, RODM, ISLN, ALGN, MBFI, HRBN, CYTK

Good luck Tuesday.

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