Couple of interesting stock surfing prospects... - Strategy

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Couple of interesting stock surfing prospects...

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plemal

Posted: Friday, October 24, 2008 2:15:24 PM

Rank: Newbie

Joined: 9/22/2008
Posts: 6
Location: Atlanta, GA

Watching AAI and CLS here today. AAI despite poor earnings, reclaiming the 100 EMA here. So far I like the setup-obviously that can change tomorrow. 1.0 BMI setup in July-August encourages me on this one (along with the falling oil prices).

CLS engulfing here (10/24) is interesting in shakeout valley. This one is operating within one of the short BEW cycles so I always pay attention when it finds support within that....I will be watching closely the next few days.

By the way DTG another one to watch on this pullback....and this one could explode with that 100%+ gain on day one....stay tuned.

Paul Lemal
Author-"The Surfer's Guide to Stock Investing"
BonsaiEliteWavetrader.com

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