Few opportunities

A slow start to the market so far. Market should end on positive note by the end of the day. Some of the recent IPO's like EDU, EFUT, GEOY,etc. are finding a bid. The transport stocks, which have been laggards till now are also finding a bid. Currently it is limited to few stocks in that sector. Keep a close watch on that sector. If it breaks out, shorts will be running for cover and longs on sideline will be busy chasing the momentum.

One thing which continues to work is earning surprises. My scans today has a few stock with clearly earning driven action.

Long Watchlist/positions

ASGN,On Assignment Inc
DLB,Dolby Laboratories Inc
FSYS,Fuel Systems Solutions Inc
MEH,Midwest Express Holding
NYX,NYSE Group Inc
TGEN,Targeted Genetics Cp

Short Watchlist/positions
POT,Potash Cp Saskatchewan
RIMM,Research In Motion Ltd

Best site to learn to trade

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You will see that many trading bloggers have been using my market timing methods, scans, and chart templates. They have developed their own methods based on my methods.

Almost every member comes through a recommendation of some of the leading trading bloggers and trading sites. 80% or more members continue to be members for more than 3 years. Most tell me that they stay on because every day they learn so much from the members' site.

If you are looking to develop your own trading strategy, the membership site might be for you. You have to be willing to put in the effort to build your own method. There are no silver bullets offered on the members' site. Every method, every scan, every nuance is detailed, and all possible help is offered to design your own method.

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