daytrade diaries... tuesday, page-2

morning guys,

hope everyone had an enjoyable easter break, I took the opportunity to update my trading setup and added a samsung series 9 (LA55A950) LCD TV as an alternate monitor and can highly recommend as both a monitor and tv.

as Highlandlad said we should see a very strong open to trading today on the back of significant gains in the US while we have been closed, there are certainly signs that this rally has some further room to move higher a test of the 900 level for the S&P 500 seems likely.

in terms trading today a couple of stocks worth watching are:


TOE - has seen some increased volume recently and with an article in the weekend's west australian newspaper over the weekend may command some more action today, below is the link to the article

http://www.thewest.com.au/default.aspx?MenuID=32&ContentID=135597


HFA - with an upturn in financial stocks it looks like HFA will continue to benefit with volume and price action continuing to look positive, also it is in a clearly defined up channel with further gains looking likely.


GDN - will be all down to exploration results out of Utah, if positive the shareprice could move substantially once again on top of last weeks huge move.


MDT - has been some positive capital raisings in the US REIT sector which may propel some of the australian plays.


BBI - good volume going through over recent times just needs to crack 7c to see further gains.