Wait For Consolidation
- Posted by Leigh Drogen
- on February 23rd, 2010
Get out your pens and pencils because I’m moving quickly this morning through a bunch of names. The market is still overbought short term and needs time to rest. Crude also needs to pull back, those stochastics are reading above 99. I think materials take show some relative weakness over the next few days and then I would be looking to buy the oil service and tech names.
Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see the Disclaimer page for a full disclaimer.
blog comments powered by Disqus
-
Leigh Drogen is the founder and chief investment officer of Surfview Capital, LLC, a New York based investment management firm employing an intermediate term long/short momentum strategy. More »
-
-
Recent Posts
- How To Pump Or Crush Stocks Using Estimize
- Estimize Premium and the Open Platform
- How Does The Estimize Community Stack Up For Apple’s Q1 2012 Report
- Keep Your Eyes On The Line And Your Heart In The Flow
- Here Comes Another Earnings Season
- Whole Foods is the Next Starbucks
- My Year In Blogging
- I Received This Email Yesterday
- 10 Favorite Stocks Going Into The New Year
- The Gravity Well Of Social Finance
-
Archives
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- March 2001
