Another triple digit fall on the DOW was not entirely unexpected, so today I'll be watchiing for new announcements and implementing conservative scalping strategies on a couple of the recent high volume speccie runners in my watchlist.
At the top of todays list are 3 of the usual suspects, VIL OBJ and ADO. After yesterdays accumulation feeding frenzy, especially in OBJ, I'll consider the possibility of an inside day coming up so I won't be chasing anything on the open, but rather will be looking for any pullbacks to intraday support levels and looking for quick scalps on the bounce.
On the other hand OBJ may well surprise and put on another big green candle, so I'll be prepared for that situation as well.
PZC came notice yesterday after the close as another one to keep an eye on and I posted a chart here: http://www.hotcopper.com.au/post_single.asp?fid=287&tid=1101210&msgid=6152365
SMA is also back on the radar with a pennant type pattern which could pop either way.
Looking at this mornings match up, these come to my attention as well : PNO FML BCN
