That said, there’s still a few good plays from last week worth
watching/trading:
PLD was down to $2 a few days ago, now $8…don’t ever count any stock out, too
bad the rise is soooo gradual.
HSNI is still one of the worst retail plays out there, but its put in some
decent bottoming action in the mid-$1s, I won’t short until its higher
CPD bottomed nicely/gradually off a base at $5.50 on Friday…maybe even a buy
if we can get some volume/spike past $7, but considering how much volume faded,
I’m leaning towards shorting it on any break of that support.
CPY may have shown some strength on Friday afternoon, but its still just the
first down day in the pattern, true support is $3.70…I’d love to see a big
Monday morning spike to short into though too.
EXEL signed a big partnership with a big pharmaceutical company, solid
fundamental news, learn the lessons detailed in my ShortStocking DVD, only short
hype/manipulation
RMBS is coming up on massive resistance in the $15 range, still too boring
though for me to seriously consider shorting until its right at resistance
