Tuesday, June 26, 2007

Primary Watchlist for Wednesday

Here are six of my favorite long candidates: VRGY, HEI, JCG, CYNO, OII, MT. All are trending stocks with nice pullbacks. While these are short term trade opportunities, MT and OII (two of my favorites in their respective sectors-steel and gas equipment) will be buys for my longer term position trading account if they pullback to the 50 day moving averages (red line).

I define a short term trade as anywhere from a few days to a few weeks, while the time frame for position trades is a few weeks to a few months.

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