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Today had some really nice scalping opportunities but all of my plays sort of ended where they started today. Tomorrow is shaping up to look like a mighty fine Long Day so I’d better get to my evening scans.
Archive for March 22nd, 2006
Posted in 
3-22-2006 Daily Stock Picks
March 22nd, 2006 
Jason | Ticker | Stop | Target | Fade / Breakaway | L/S | Open | On Open |
| ADCT | 25.86 | 23.26 | Breakaway | S | 24.83 | |
| ARRS | 13.23 | 14.49 | Breakaway | L | 13.86 | |
| TV | 77.07 | 73.01 | Breakaway | S | 75.89 | |
| WIRE | 33.16 | 30.11 | Breakaway | S | 31.79 | |
| CHS | 42.21 | 39.66 | Breakaway | S | 40.99 | |
| MIK | 38.91 | 36.11 | Breakaway | S | 38.19 | |
| ADLR | DT-S | |||||
| FRE | 65.21 | 62.76 | Breakaway | S | 64.23 | |
| WGO | 31.51 | 29.51 | Breakaway | S | 30.59 | |
| MRO | 73.79 | 78.94 | Breakaway | L | 76.07 | |
| PENN | 39.19 | 41.44 | Breakaway | L | 40.11 | |
| HUM | 51.24 | 53.49 | Breakaway | L | 52.16 | |
| SGR | 30.06 | 27.57 | Breakaway | S | 29.09 | |
| SHW | 49.76 | 46.86 | Breakaway | S | 48.69 | |
| RBAK | 17.37 | 20.51 | Breakaway | S | 18.93 |
For instructions on precisely how to trade using these picks, please CLICK HERE and read the section entitled “White Regions”
I don’t know which way it may go today. I had a negative bias but that was before the indices gapped down this morning. I’ll expect a fill of that sometime today & after that, who knows which way it’ll go. Reaction to the oil inventories report at 10:30 may be the deciding factor, for the morning especially.
