Monday, June 4, 2007
market
really not much action setting up for last 2 hours - no real ideas right now market is stalled. Would not put it past market to try to squeeze into close though for all the shorts betting that china selloff would tank us market
FRPT
FRPT 3rd big sell day in a row, looking long to me for reversal later, 24.80 - risk today is prob about 50c from here its down 2.70 now
PCLN
PCLN looking long here 62.80 might wait for pullback a bit, market seems to have stalled at ES down 2.50 area
HITT
HITT breaking below 200 day average, looks like decent short, im watching it now and prob will go in, 40.32 area - still possible they rescue it once again
TSL
TSL looks long for a shot from here 42.60 not really down at all on china, already recovered the small loss
THLD
watching THLD for possible pop from 1.56-1.58 area they are presenting at ASCO tomorrow, lots of shorts in there might be good for .15-.25 pop
AM
After big selloff in China, will be interesting to see if the US market cares at all - opening slightly lower but not by nearly the amounts it has in the past when china has sold off.
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