Monday, February 11, 2008

Day summary

Markets are trying to hold theiw ground for last few days now and the squeeze is building up to fire one way or the other. So far I am trading stocks on their own merit without any broader market bias. Our weekly pick EQT hit our first target and looks good. We are raisng out stop to 56.85 hence we have a free trade now. Our second target is open since EQT is in blue skies with no overhead resistance.
UNG is also acting fine and CSCO is holding.

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