Posted by: anthony15 May 10, 2009
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I will be very closely watchig SP at 950. I see huge long term resistence at that level, if we break that we are in for a good run ..enjoy trading tomorrow..If not then we are headed for 880.
Emini,
I like the below ones after doing some research, esp AAP (CEO buying shares last month always a good sign) But I'm looking at (4-5) % trigger price since friday close along with 950 S&P level to get in on these stocks. I think AAP is good long term hold as well or atleast the end of the summer ( this company is the new hottest brand among 15-30 yrs old, I also noted it is very fundamentally sound company with good rev & cash flow. It could be buffet's next takeover target.
APP
BARE
QDEL
SKX