One for the Bulls.....

Hey guys,


What a day! Despite the insane market action, the indices were able to bounce off support and pull the stocks along with them. This may or may not have been a surprise if you have been following the Oversold Charts. The markets have not been this oversold for quite a while. And just like magic, once the bottom was hit, it bounced straight up.

Without a doubt, one of todays better performing stocks was the NASDAQ's current hot stock, Daktronics Inc (DAKT). I was able to add a little more to my position in the low 44 range. Those who added at 43 were even more rewarded. I am looking for the stock to surge above its 52wk high on high volume before adding more to my position.