Focus List 6/16 - Day trading strategies - reversals!

Geoff Bysshe | June 16, 2011

As the market continues to slide into and through support in a very orderly and bearish way, the best approach for our day trading is to fade the intra-day moves in the direction of the main trend. Even in this bearish trend, we'll be very selective about shorting new lows.

~Long Focus~
NUVA
TIF
BIIB
FL
COG

~Other Long Charts of Interest~
JCP
VHC
BBBY
OXY
AET
UHS
UNH
GR
ORLY
GS
TIF
DLTR
MA
NUVA
CPT
HLF
BIIB
FL
COG
AMGN
CF
BA
GD
WDC

~Short Focus~
GOOG
IBM
MOS

~Other Short Charts Of Interest~
BTU
IBM
GOOG
BHI
MOS
ALTR
MGA
LVS
CAT
FST
OIS
CCI
CREE
MHS
PCLN
XEC