Hanging From a 200 day MA Thread

At this point we can either head higher or head back to the lows that were established back in October. I know it isn't earth-shattering info, but it is something to think about before piling on new positions. If you are out, stay out until a strong thrust breakout confirms the upward move. There will be plenty of new stocks breaking out along with it that one can snatch up. In addition, an upward move will also allow the stocks that have been consolidating a chance to continue their march north (such as STMP, MELA, etc).

Keep an eye on: ARNA, ARSD, BWEN, DEXO, ETAK, MGAM, NBY, OWW