5/18/2011

Odds favor a bounce


Odds favor a reflex bounce

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A bounce here is a very high probability play. Yesterday market recovered from a drop and today a follow through more likely.
A big bounce will negate recent negative action. This market has time and again bounced big to upside after such selling bouts.
If we get a bounce here watch stocks that are holding up well.

Bounce Potential Watchlist

For day trades and may be 2 days hold players.
BKS LXU NUAN EXPE UFS DAL MCO BIIB EL WPI CB MGM TIF MHK MW CERN CPA SCSS
And one potentially good long idea:
TTWO: Tate Two 


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