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The Daily Long and Short Setup

Recs

4

April 05, 2011 – Comments (0) | RELATED TICKERS: HL , FLEX

Interesting day in the market as once again, as the market formed a doji around the 1332 level on the S&P. We've see this occur a few times near the highs of late, and what typically happens is we ultimately move higher, and that is what I believe will eventually occur here. So right now, I'd consider the market to be consolidating before another likely  move higher.

It's been a while, but I thought I'd give out a Daily Long and Short for tomorrow.

LONG: Hecla Mining (HL)

SHORT: Flextronics Int'l (FLEX)

 

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