Thursday, November 27, 2008

Watches Friday Nov. 28

RAS PCK HWD HDNG LEN BBX

RAS ended with a spike... the last 2 times it did that it dropped significantly
PCK bad news panic sell, may continue
HWD 90% correlation on $DJI red in November... nobody wants diamonds haha
HDNG same
LEN 3 days up, historically good chance for failure, 80% correlation for Nov
BBX reliable downtrend, can barely string together 2 white candles in a row

may add some more later

** UPDATE 

sorry I haven't added any more- by the way all of Yngvai's picks are great- I didn't put them on my list because I'm trying to find different ones from others- however I do evaluate everyone's watchlists, as per my comment that I shorted HRP off of Yng's list

many more great picks on Muddy's list and stackyourcream... my favorites now are ATPG and IPCS... excellent looking charts and good odds for shorting if the market is down today

3 comments:

SKM said...

hey there JV, thanks for the scans!

What do you have to say about EMKR? I think it's a perfect short after it starts to show some weakness.

James Krieger said...

ATPG...one of the few shorts that worked out well today

James Krieger said...

and IPCS as well