Tuesday, June 23, 2009

O.T.

Still working overtime this week, trying to meet deadlines. In my "spare" time I've looked on the markets and saw the Indices had a Doji day. It's look pretty bearish for many of the popular names (go FAZ, TMF), but a couple of dollar stocks are showing strong interest while the prices still remained flat.

I'll be keeping an eye on ABAT to continue it's runup, AXL, CENX, UIS, VSH, and ZIGO. On the 5 min chart they look promising, but on the 60 min charts they might only be pulling some bear flags. I won't put any money in until resistance is tested at least twice.

Right now I'm 100% cash, as I don't have much time this week to watch the markets.

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