Thursday, March 3, 2011

Always Be Prepared...

I am short two stocks right now and the rest of my account is in cash.  However, even though the action has been bearish the past few weeks, I always try to be prepared for when the market decides it's ready to change.   Perhaps today is a signal because futures are up nicely.  

Here are the best looking stocks I see out there at this point.   I wish I saw more, but it is what it is.  Still lots of messy charts overall.

NFLX, WTW, LULU, AERL
YOKU, CALL, MMSI, FARO
 SGI, PCX, SOLR, HLIT
Charts from Telechart, Courtesy of Worden Brothers, Inc.

All of this being said, we probably will "gap and crap" today, right?   We'll see.  As the title says, it pays to be prepared either way.   Good luck. 

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