Stocks: CME, NMX, CSIQ, SOL
Shorts: CME, NMX
I don't want to cover these unless we get an alligator buy signal on the 60 min. or the stocks break out above the down trend; otherwise just sit tight. I don't love the way t he market looks so I want to carry some short.
Longs: CSIQ, SOL
Add to these names if we get an alligator buy that holds until 10:30. We must wait until 10:30 so the 60 min. signal is real. Don't want to get faked into a bigger position on the back of the new news but if it is a real game changer these solar stocks will hold the gains at 10:30 and expect them to add to the gains all day.
GDX: Hold this short until we get a buy signal on GDX or CEF. This is a hedge and the until cef looks better I would rather lose some money on GDX than be naked.
Friday, May 30, 2008
Time 9:30
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