Monday, February 04, 2008

Monday's Watchlist

Here are stocks that are front and center of my watchlist:

Shorts:
FCX, CPLA, JNPR, DRYS, DSX, NILE, CBI, MBT, FSLR, CHNR, CVD, ESRX, WFR, DBA, DNR, TOT, SU, E, CVX, ARD

Long
ACI, MA, MCRS, CALM, RTP, ILMN, WLT, MEE, SID, CNX, CMED, PBR


Most of the shorts are broken high momentum stocks that are bouncing towards resistance levels. The longs plays are stocks that have held up well during this market, some having recently broken out.

6 comments:

Anonymous said...

not a good idea to short fslr and mon better shorts out thier then those powerful stocks.

The Market Speculator said...

So far they are working out quite nicely. 8 point gain in MON and 9 point gain in FSLR.

Anonymous said...

lucky for you the market went down hard today becuase yesterday fslr went against you 10 points. had the market went up today fslr could have went against you even more.

Anonymous said...

I guess you did not like my comment about fslr going against you 10 points yesterday.

The Market Speculator said...

I have no problem with your comments. I like differing opinions. Nor was I worried about the 10 point move, considering resistance did not break and it was on weak volume.

Anonymous said...

just wondering how much risk will you take with fslr 10 points seems a lot, when would you have covered?.