Monday, March 23, 2009

Tuesdays outlook

Well I just finished scanning and nothing looks good for Tuesday which is fine so we can focus on managing our XLK position. I liked the way this puppy filled and it never got too nutty even though the rest of the world went insane and ran the market up almost 500 points. After the open move your stop up to 15.25 I suspect we will see a bit of a pullback tomorrow since we ran up so far today and I hope we can hang on to the profit we made today.
http://bigcharts.marketwatch.com/charts/big.chart?symb=xlk&compidx=aaaaa%3A0&ma=2&maval=4&uf=0&lf=1&lf2=0&lf3=0&type=4&size=2&state=0&sid=127185&style=320&time=6&freq=1&nosettings=1&rand=4281&mocktick=1