Tuesday, March 24, 2009

Time to Go Long?

The market has been quite bullish over the past several days. It looks like a bunch of stocks could be ready to start a new uptrend. Review the following charts to see there is a bottom in place or if this is just a pause before another drop.

Hecla Mining (HL)
General Motors (GM)
Windstream (WIN)
Duke Energy (DUK)
Staples, Inc (SPLS)
Marriot (MAR)
US Oil Fund ETF (USO)
Spectra Enegry (SE)
Coca Cola (KO)
Dell, Inc (DELL)
Costco Wholesale (COST)
International Business Machines (IBM)
Best Buy (BBY)
Research in Motion (RIMM)
Western Digital (WDC)
Petroleo Brasileiro (PBR)
Broadcom Corp (BRCM)
Goodyear Tire & Rubber (GT)

With proper position sizing and risk management, now might be a good time to buy.

Trade at your own risk with proper position sizing and risk management measures.

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