Thursday, June 16, 2005

Another Up Day

If you read my post last night, today should not have been that surprising with the markets positive close. Candles that print like that on a daily in an uptrend is a beautiful thing.

The markets were up today on a nice increase in volume, just like yesterday. I dont have much new to add. It was just another good up day in a bullish market. I believe there have been 3 key reversal days in the Nasdaq since the May 4 bottom. That is what you see in bull markets. Once again only longs tonight, because I cant find those high reward/low risk shorts.

New Longs: ASFI HOLX WSTC DSL XWG ACR WTW PHCC EFII WAB APCS SIRI CHRT

Postions owned giving new buy opportunities: PRGS VIVO FOXH GIGM TXCC TERN NTES CY THQI WCI BMD UGP

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