Two New Trades On The Day
I've added Goldman Sachs (GS) at $171.62 and Blue Coat Systems (BCSI) at $30.65. I've got about 8 positions in total, but I will use this afternoon to look at taking some gains off the table and even possibly closing out positions all together - with the top two of which being OI, and BZ.
I'm pretty confident at this point, that the market rally will hold, and wouldn't be surprised to see a finish similar to what we saw on 12/1 last year.
Here's the Chart Analysis on GS and BCSI.
LONG Blue Coat Systems (BCSI)
LONG: Goldman Sachs (GS)