Friday, September 16, 2011

A few ideas for tmrw...

 I like $PRMW short...I think its forming a double top.

  Near major resistance...could be a good short if the markets pullback.

Like this short. Look for pull back to $6.00

 With the $T2106 nearing over bought levels, the indexes pushing into resistance after a four day run up and most of the leading stocks looking very over extended; I am short biased heading into tomorrow and next week. So I will be looking to book profits on any longs I take in the morning session into momentum and to swing partial positions from short day trades tomorrow if the markets confirm a change of short term trend.

Good luck and good trading!

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