Stock Indices Close at the top of Their Range...

Hey guys,


Today was a great close. Stock indices closed at the top of their range all across the board. I'm talking about the Dow, the Nas, the S&P, the Russell, you name it. I'm not talking about a 52wk high, but still, as a short term indicator this is very bullish stance. Does this mean that everything is perfect? Not exactly. Not every stock closed at the top of their range and not all stocks are at or near 52wk highs. But the average stock is performing well.

Add to: AWI, ATRI, PSYS, ESEA, SYNL, HINT, MNTG, MAPS, AGL, BKE, TWI, GLDD, KALU, INXI, DMRC, SSI, ....

New IPO's that I like: ARAY, OMPI, PRTS, NCMI, MLNX

New Short Ideas: EW - Also keep the previously mentioned shorts in mind as well, such as NTRI.


New long ideas: NDN, DLTR, TUP, WPZ, HOFT, SSI, MAPS, MATW, PXR, VTAL, CSV, STEI, SCI, POWL, BEZ, HRBN, RTI, CRS, USAP (mentioned before), ANST (still good), CDNS, LAVA, BCSI, SFNT, ENTU (i), LVB, TWIN, TRN, WAB, WNC (i), TOD (wait a bit), PCAR, MOV, POT, SQM, LXU, SMG, CF, HAN, CX, RMIX (i) - Note- I tried to pick some longs that were begining to break out or that weren't very extended from several key moving averages. In addition, some of the picks have been previously mentioned therefore, they aren't brand spanking new.