SP-500

Wednesday, November 18, 2009

Market Preparation for Nov. 19, 2009:

Market Preparation for SP-500 Nov. 18, 2009:

Possible Scenario: Gap up = higher Gap Down = Lower, otherwise another Doji. But Should be an imminent move.

Updates will be based upon weekly predictions with this week scoring a 1.5 out of 2 as no Gap = doji.

My expectations for the SP-500 are based upon the current rebound up in the narrowing channel.




Breakouts: AEA (I), INCY, FULT, (Set Order just above High resistance)
Previous Potential Breakouts (Looking back 5 days): OCLR, UBET (Imminent), UMC (Imminent), CNU, CHLN, JDSU, RJA, GCA, FULT, IMGN, SHO, CCO (BO), ISYS, XIN, HNBC (I), WMG, KOG (Imminent), HNR, GLS, LOOP, LPSN, SCI, AGM, GGR (Profit 10%), AHT (Profit 10%), ADPT, MOT, SVM, EXK (Broke even --> BO), HYC (I), CLZR (BD), ERES (Brokedown), TSYS (Brokedown), GSS, CTDC (Brokeout)

Breakdowns: ITMN (I), CUZ (I),
Previous Potential Breakdowns: DCP, CPLP, BRKL, PNFP, USOM, CCOI, OCN (Imminent), SMA, MFA, BDN, KNOT (Imminent), NSIT (Imminent), CLMS (Imminent), LEAP, MENT, MFC, TRMK. (Set Order just below Low resistance)

Dip Picks: TLR
Previous Potential Dips (Looking back 5 days): AHC

Rip Picks:
Previous Potential Dips (Looking back 5 days): CLNE, TUES (covered), VCP,

Top Pick: Imminent Plays (Look for gap downs or gap ups beyond resistance)

Top Missing Piece: Pull Back?

Good Luck,

Tyler

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