Posted by: eminitrader April 30, 2009
NewStock Watch List
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YGE looks good to me here. Buy range between 7-7.35....stop at 5. BCS is a little over extended but could be good on a pullback.


I try not to touch anyting that is less than $5, have been burnt bad in the past, so for the other stocks I'll wait for those to go over $5 and make that cup with a handle formation to get in there. I am not touching financial stocks. If someone ones to buy some financials...XLF is the way to do it at least for now. There are enough stocks of good companies that has been beaten down hard and are good bargains.


 

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