looks to me like the market is set up for strong close and a gap up tomorrow with the naz leading the way, i think this rally has more to go but im keeping an eye on the "warning season" starting in a couple of weeks, that should conincide with some profit taking at higher levels, in the meanwhile im enjoying the trend, "go long till your wrong", close over 2250 today will bring in more sideline money tomorrow, i agree with mark and some others, my faves ive been holding since last week are jnic,lpth,mdcc good traders are jnpr,chkp,vrsn,vrts etc, i think biotechs and fuel cells will be the hot trading areas this summer "naz willing", apwr,plug,cpst,bldp are my favorites in fuel cell
anyhow, feeling very bullish today, which means we are probably due for a correction soon
note- for my "sleeper stock" category, check out iiji, leading japan internet play, to report earnings tomorrow, should surprise on the upside imo, more of a swing trade, not a day trade, also takeover candidate |
