Marketgeometry

Wednesday, October 17, 2007

Wednesday Morning Thoughts 10/17/2007

As always I am looking at the Big Mouth Stocks - ALGN, LKQX and SNCI. I have my orders in and lets see if I have the guts to follow threw. I leg in and I am already in my first leg of LKQX. This maybe a big game of chicken because all of these have high short interest in them.
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I got up 15 minutes earlier today to see if I could catch the YM morning trade but it was between 6:30 to 7 EST when it tested the 14000 area. I did not turn the computers on until 7:35. The wife bitched at the earlier time. I want to even get up about 30 minutes earlier.
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I thought we had some topping action here with a pullback of 3-5% but it just does not look like the Bulls want to quit.

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