Busy as A Beaver....

Hey folks,


Wassuuuup?? How has everyone been? I've been o.k.. Just super busy with school and research papers so I haven't had much time to drop in. I hope everyone has been hanging on to this insane market! Despite today's big upside move, I would be a little skeptical about going fully long at the moment. This could just clearly be an over-sold bounce that has resulted from the carnage that we faced last week and earlier this week. I would still hold onto shorts unless they have broken out on high volume. Some shorts to still hold onto are TM, GYMB, CMG, CTRN, and BAS.

Stocks showing indecision include:
IIG
AKAM
CRDN

New Shorts include: These stocks did not react favorably to today's over-sold bounce and positive market movement. They also displayed characteristics of falling on higher than average volume indicating institutional selling.
UNF
YHOO (wait for a slight bounce 1st and then short)
CNW
DOX
SWFT
RMBS
ICUI (although there was selling, you should wait until it breaks down further)
Some longs to keep an eye on include:
ECOL

ISIG
GGI
NYX
GPIC
LECO
CTV
JSDA
LEAP
AMAG
HLTH
LNN
CTCI
ECL
UST

NJR Utility
SWX

LFC International Insurance

CTBK
OKSB Banks
FBNW

VTR
HIW
AEC
PSB
HST REITS
BRE
GLB
SLG
EGP

SIM