The Hit List is a look at our current swing trading positions. Stocks we are already in have “triggered”, while those we are considering for plays have not triggered.
ROVI added, JEF triggered
Open Position Notes:
JEF triggered a short sale today as it undercut the $27.10 level. The bounce was looking weak after a big change of character, so to see this one roll over quickly with the market is encouraging. Now that a new correction low has been made from the recent highs, follow through will be the key in the coming days. Good start, but I’ll want to see more before I look to make an adjustment to my existing stop loss.
Closed Positions:
No closed positions.
Nice charts, Jeff! I still have DWA, JEF but covered STEC now…:)
Hey Jim,
Good work there, excellent cover on STEC. DWA is still looking good, if it can crack the $31.70 level I think you’ll get another tumble. JEF I am being patient with, still like the pattern though.
Nice tradin!
Jeff
Thanks for the kind words. I wanted to add that I showed my wife your nightly video once and now she asks to watch it…and she knows nothing about trading, etc. That is a great compliment to the work you put in on this site each day! Jim
Wow, how nice! I certainly appreciate that, and hopefully she’ll learn a thing or two along the way too!
Jeff
just a side note..off topic….can we get our own avatar pictures or do we have to stay faceless? lol
Absolutely, and I hope more Bandits will. Just go to http://www.gravatar.com and click on ‘Get your avatar.’ Then after you set it up, whenever you post a comment in the Hideout it will show up!
Jeff
Done deal..thanks for the avatar info!
There you are! Glad you asked about that, I need to remind everyone to do the same. Thanks Jim!
Jeff