Delayed Alerts for December 30th

Tuesday, December 30, 2008

For real time alerts subscribe to daytradingradio.com

9:38 am
SDS taking off table 75.60

Also looking to add to MT around 24, expecting light volume , any pullback into the 9:50 area could reverse fast.

RIMM starting to look good

10:09 am
MT pullback to 20 ema on 5 min chart, usually a good entry

Looking to add to my MT position, Not pulling trigger here because of light volume, but this is an area, I would watch and would take a position in normal conditions. BUt because the light volume in the markets we could see artifiical moves that are not technically sound

VMC Relative strength

I am going to step up here and buy 200 EBAY though @ 13.49

11:31 am
Adding IYT here 60.58

This will be a swing trade leading into January and again off the stimulus package, Here you will see a basket of Rail, Trucking and Airlines stocks that will get a trickle down effect from the 350 billion spend on infrastructure.. You will need to ship, drive and move supplies, again The feeling here is we should get a decent bounce into the Obama inauguration, So a ma looking for not a mid jan move , but a move prior to this. markets always look forward