Pre-open 10-17-2006...
Could the market actually have a down day? Futures are nicely lower this morning and I am planning on exiting my positions in MSCC and KRC if their trailing stops are hit. The bearish tone I am presenting is because I am waiting for a pullback in a few stocks so I can increase my position (in IRA long-term holdings). Also, I am having a hard time finding new charts that I like. Yesterday was 1 chart out of 95 and today is 2 out of 155! So, I am looking for a pullback or consolidation just for a few days then the uptrend is more than welcome to continue.
Stocks to watch: PEP and PHTN.
For now,
Masterjaz out


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