Happy Monday from the Sunshine State, Florida!
It is time to keep our eyes open again - today, 02-02-09 the DOW is touching that critical support level around 7900 like I have posted before (see 01-23-09 and later follow). What we need to do here is continue to carefully watch all technical signals and stay alert for a potential rebound which may carry the DOW above 8400 again. Remember to select the right stock to ride the next wave like I did with ISRG. Here is my list of potential stocks that can help you ride the potential recovery and upward movement:
ISRG, POT, AMZN, DRYS, GS, PNC (be careful with PNC as it reports earnings this week), GOOG, CME (also reports this week), APOL, ESI, CPO, BIDU, HUM, HIG, AAPL and FSYS.
**If the DOW breaks the support level that I have been watching for a little while (7900) and does not recover; then, we may be headed for the 7300 support level**
Enjoy trading!
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