Monday, February 28, 2011

Indigestion

I'm sitting here trying to digest what happened today. The indexes are up ... DNS +96, +1, +7. Even the S&P MidCap 400 and Russell 2000 were up. Watch list winners: PDLI, plus oil stocks HNR, GLBL, RES & BEXP. Losers: penny stock CBAI then PWER, RBCN, YGE, SPRD & WFR. Even JKS finished down 3.6%. A bad day for tech.

Trades: none.

Reversal orders: (14), those with reasonable chart patterns: (t2) ANEN CXW LQDT UFPI & WPI. (hlr) IGT LQDT (again) NWPX & SHW.

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