June 25th 2009
Today in the Stock Market
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Dear Fellow Trader,
Great snapback yesterday, many stocks had good moves, some from $1 to $10 for the top leaders, good sign. MDOR had a good day as well confirming the move.
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We should expect the SP to stay in that channel. But yesterday was nevertheless positive, but you can see on the QQQQ that there is still a very short term downtrend to break. So as i said here a few times in the last few days, the market could consolidate until earning season comes in a few weeks.


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MDOR continued nicely yesterday on very good volume increase, so that’s very good confirmation of the move started a few days ago.

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GNW is acting well and need to be followed..If the market is positive today, maybe i will buy some from here, under 7 to see if i can ride it as it try to breakout, ONLY FOR GOOD TRADERS…because if it fails you need to get out quickly….

AEM is a gold stock to follow. There was a good entry yesterday, but if you want to enter in it now, look for a good intraday setup on a 15 Min charts.

CYOU is a stock i covered in the report at the end of April, but because it was a new issue and it was very volatile and difficult to trade unless you accept big swings, i did not show it in the report since begining of May. But you can see the blue arrow was the first time i picked.
Now as we speak, there is more history and also it looks like it could start moving now and it is optionable..

Have a Great Trading Day !
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