Thoughts....

I sincerely apologize for not being around over the past month. Unfortunately, I go through times when I get bored with the daily grind of trading so I just step away. As posted below, I've posted a number of Setups that are either at or near actionable levels. Of course, it would be ridiculous to say they'll all hit the magic level and work, but I feel they all offer manageable risk vs. reward.

It's going to take me a couple of weeks to get my shorter term swing & day trade charts up to par. I'll post the setups as they become available.

On another note, I'm going to create a separate account in the near future that will be linked to the blog listing my real time trades. Hopefully, it'll give some of the new traders here an idea how I build an account. It's been a few years since I've helped anyone do it, but I think I'm up to the task. I'm not sure what would be an appropriate amount to start with (10k - 25k - 100k) so any ideas would be appreciated. I would think that a smaller sum would be appropriate. I can be emailed at Tony.Wiltshire@gmail.com with any thoughts or advice.

Review for Week of March 2, 2009:

Short Setups
(Click on Symbol for Annotated Chart)

AAP Advanced Auto Parts
APSG Applied Signal
TYL Tyler Technologies
SWIM Thinkorswim Group
ARO Aeropostale
LANC Lancaster Colony
NFLX Netflix
VPRT VistaPrint
BKE Buckle
ADM Archer Daniels Midland
UTHR United Therapeutics
CPSI Computer Programs & Systems
DNB Dun & Bradstreet
GHL Greenhill & Company
LO Lorillard
OCN Ocwen Financial
LIHR Lihir Gold
LNCE Lance Inc
PCLN Priceline.com
OCR Omnicare
GPRO Gen-Probe
FNF Fidelity National Financial
BLL Ball Corp
GMCR Green Mountain Coffee
CHSI Catalyst Health
HMSY Health Management Systems
NLY Annaly Capital
SLGN Silgan Holdings
CUB Cubic Corp
ABAX Abaxis
PCG PG&E

Long Setups
(Click on Symbol for Annotated Chart)

MBLX Metabolix
STP Suntech Power Holdings
WYNN Wynn Resorts
JBLU JetBlue Airways
LCC US Airways Group
PBY Pep Boys
BAC Bank of America
AFFX Affymetrix
PJC Piper Jaffrey
QTWW Quantum Fuel Systems
CELL Brightpoint
KG King Pharma

Thoughts....

I've been out of pocket the past month, but I hope to be caught up with the blog and my email by the end of the weekend. I'll have some individual setups up by tomorrow evening.

Index Watch for March 2, 2009:

Breadth & Sentiment for March 2, 2009: