Friday, December 11, 2009

The Daily Note - TGIF Christmas Thoughts

Well, it's TGIF day, and usually I am suspect of any big moves to carry the day. Many usually putter out by mid-day and I suspect today won't be much different, except that it is one less week to go before the Christmas holiday. I suspect most traders have made plans and are well on their way to the place of their choice mentally. Christmas Carols are beginning to wave through my brain which always sets my mood to festive mode. Perhaps it's time to share a tune or two

THE PLAY LIST: Hope that sets this day's moves to be happy and may your trading day be gay.

MA Short below $243.00 to near $241, $240,if broken, $239-$236. Long above $244 to $245.50 breaking through $246 with strength to $248.

AMZN Long above $136.30 to about $139, breaking higher could got to $142. Short below $135 to $133-$132 areas

APWR Will move one way or another Long above $16.50 to near $17 needs to break above for higher to near $18. Short below $15.50 to about $15 and lower possible to near $14.20

Happy Trading, Living and Dancing

PS. The Daily Note is written the night before and uploaded on site automatically 15 minutes before pre-market open. Therefore discretion and adjustments may be necessary.