Friday's market was even worse than I expected, Long plays weren't even worth playing for the most part. On the screens for Monday there was a lot of energy and utility stocks that came up longs, and drug companies came up as shorts (could these be a Gore play?). I'm still cautious about the overall market and make watchlist picks from several sectors in case one might move. But if you trade long, be careful...or take a month off <g>.
Longs: FRTZ, CNET, SC, OCA, RCL, PIR, HMA, ALSI, CLPA and GRP.
Shorts: PHSY, LM, MRK, MLTX, RSH.
Good Trading!!
Sam savvy-trader.com |