Tuesday, June 14, 2005

Boring Day for Indexes, but Exciting Day for Longs

The market is doing its normal summer thing, but in the meantime there are a lot of small stocks still acting very bullish.

I am now long over 60 stocks and short 1 (QSII today) which tells me that even though market is going nowhere it probably wont be for long. Which means, I expect an upside breakout.

My commentary will be short today as a south swell has hit Maui.

New Swing Longs: TDY DSCM KSU SDAY ISRL STV AMS

Postions owned creating new buying op (SOME NEED PULLBACKS): SMTS LSCP DO CLHB XXIA ENG BCON STEM GNSS DESC RGCI SPSS UHAL

No comments: