Morning all.... Another rally and for some, another opportunity to get some cash back in their accounts - which is where I am heading today for some of my holding. Being stuck in the MEL trading halt hasn't helped and will influence my trading.
As I didn't end up buying more VBA yesterday at 15.0 and it looks to be opening at 17, it makes sense that it will continue back into the 20's in the short term and one to watch. Personally I think it was overdone and seems quite 'obvious'.
MGR has tricked me twice this week. Twice into selling too cheap - once even for a small loss. It LOOKS like 70 could hold and one to also watch.
BKN was solid at $1.34 and looks good to continue.
TEN held at 65 yesterday and I would bsurprised if 70 isn'tin sights.
RFE was a good entry on the drop back to 30 and we should start to see a volatile play here.
IIF > Would be great to know wouldn't it... Such an extrordinary trade that caution moves to a whole new level. Could easily be seen as an opporutnity to lock in a great profit as it could pull back. Some will be saying, I wish I never sold yesterday, so I'm afraid, well just have to wait to see the direction. Safety could pay off? No doubt a stronger opening.
INP > Seems to be held back at 19 - can and does rally when the time is right.
MAK > I sold too early! That happens also
ADY> 1.7 close to 2.0 open.... I was sitting at 1.6 - so go figure!
SSM > Expect a start of a rally to Ex from 34.5 close
Off to the markets.... have a good one
iPod THAT STUPID "CERTAINTY" FISH - I hate that Ad
