SSO Looks Attractive Here.

sso_111908

With ADX reaching 70 on the weekly chart, I’m planning to buy some SSO. Even Kirk from The Kirk Report is starting to get excited here.

Still here…

Have not been very active, just watching from the sideline. I will post after I buy something.

Time to Short Gold.

I was looking at the weekly chart of GLD and touching 15-WMA. I don’t think it will go much higher from here because it’s been going up on low volume and near resistance. My plan is to buy DZZ tomorrow if it provides me a good setup.

Watchlist

APFC
JCG

Daily Volume Surge

FMCN
ENDP
MLNM
RTRSY
ONEQ
TM
TX
FCSX

TWB Research

WFMI Research

CROX Research

crox_040308.png

ABX Research

ABX is down 24.53% since 03/14/08 and I did some study on other occasions when ABX was down +20% before it bounced.

09/24/02 to 10/10/02: -24.02%
04/02/04 to 05/10/04: -25.33%
05/11/06 to 06/14/06: -25.90%
09/06/06 to 09/15/06: -23.46%
11/07/07 to 12/20/07: -22.36%

Quarterly Watchlist

WFMI
DTLK
EWA
HGRD
IGTE
LTON
RDTA
VSNT
XSI
WHG
SIM
WWIN
GVP
FDP
PMU
APFC
ORH
UTHR
EEI
ABAT
MDM
ATVI
ANDE
HSR
RUSHA
CMCO
WLFC
NLCI
CELG
SIM
MFRI
RPRX
ICOC
DYII

AYI
HAST
DGICA
RMTI
BIIB

ZMH
TESS
OUTD (S)

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