Thursday, October 27, 2011

Watchlist for 10/28/2011



BIDU - Up big after-hours. No bias, but will watch for setups. Possible long on washout, short on big pops.


ACOM - Looking to short under $21.50, but if it looks to have buyers in that area I may try it long.


CTXS - Up 17.33% today (+$11.13) Short biased on morning pop similar to what it did today at open.


COG - Also up 17.32% today (+$11.58) If this has another big pop at open as it did today, short it.


AMP - Up 15% today. Watch for $50 over/under short.


PLCM - Long over $16.97/$17.00 area for possible gap fill. Might try this on r/g move on a lower open.


NBR - Watch for $19 over/under short, but could possible run to $20 and be a good short there. Watch closely.


FFIV - 2 nice days of gap up and run. Watch for morning parabolic to short into.


LNG - Short biased on pops to $11.


MHS - Had another big day as expected. Still waiting on this one to run to $56 for an over/under short.


MF - Long biased on washout to $1 (hopefully).




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