Morning Update...
Wild day yesterday but I am pleasently surprised. RHI trade is working, yet CNCT was down slightly. That is the way it goes. tcl/tk script returned 95 charts overnight, but I am not going to go through them. There a couple of good looking setups, but given I'm in two positions and nearly out of cash, I'll hold off. I will mention two: LSTR and PETS. I own both as long term, hold 'em 'til I'm dead type but I have been taken to the woodshed with both. Both returned nice bullish engulfings with stochastic and cci support. Make a trade if the market looks good tomorrow. With the CPI and Uncle Ben's testimony, it could be a wild, possibly profitable, day.
I'll keep everyone informed if RHI or CNCT make a move, otherwise, I'm sitting back and relaxing on hump day.
For now,
Masterjaz out


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