Stocks to Play!
2. PCU - Just crossed the 200 DMA - bound for a breakout after the overselling.
CME is still a good buy till close to 255-260 - based on the valuations we tend to give GOOG and given the fact that they just increased member fees for the first time since 2000. And, unlike EBAY, members of CME dont have another Overstock.com to run to. Note my post when I said CME was a good buy @ 191.
Had been outta commission for the last 2 weeks as my system was hijacked by some hippie's unwashed hands, and my work took precedence and then my dentist managed to stitch my cheek to the gum. But the unabashed capitalist in me roars still waiting to break out.
Watch the oil prices climb along with the DOW and the NASDAQ. I maintain that the oil prices are a lagging indicator and will make the mkt retreat in the short term. For those playing COP, please note that the P/E for the ttm does not take into account the split, and should be read as 8.22.
Good luck in your trading!