No matter how I see the market shaping up, it doesnt mean we can not pullback a little here. We have gone up for long enough to expect a shakeout of some sorts. But this current basing/consolidation looks very good in every index chart out there. Still one more time for clarity, it doesnt mean we wont pullback.
And I guess I do like some stocks for a short swing: ZMH CVG NNI ELK add that to QSII on 6/2.
Also since I have had so many stocks working out beyond my expectations. I now will show you one of my longs that failed badly today: DHC. I wasnt long much more than 2% of this in the first place and after it breached the 50 dma on 6/20 and made a lower close than the close of the day I bought it 3/4 was sold already. But still seeing that loss on the other 1/4 is still UGLY! Hey it happens. Sometimes the casino gives away a lot of money, but over time they definitely come out ahead.
Now read the post below this one.
ALOHA
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