Tuesday, September 23, 2008


FSYS is looking strong after a pullback. I am still waiting for more conviction before I act, especially with my bearish view on crude.

LULU formed a temporary bottom at 23. I was tempted to buy, but I was afraid it would just stop me out of a quick loss (which it probably would have at 22.8), so I never bought. Now it is at 24 and change. I will wait to buy this on weakness in the 23s.

Also, I need to reevaluate the sectors I trade in and see if any are bottoming.