Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Good morning, America!

|Includes:CAL, MAT, Terex Corporation (TEX), USB
04/11/2009 review

There small volatility in DOW index now. And volume decreases. Maybe we are going to consolidation phase? So it’s difficult time for traders. There is a strong resistance at 9969.91 level. If DOW hits this resistance, we will change our short positions to long positions. It’s a bear market now.


Some ideas:


BWS price stopped to fall yesterday. Place your stop order at 10.63 USD and take your profit:


There is interesting situation in USB price’s chart. You can manage your position in two ways: add to your short position at 23.06 USD or place stop order at 23.91 USD and take your profit:


Place stop order at 21.17 USD and take your profit in TEX position:


Place stop order at 19.24 USD and take your profit in MAT position:


It was a perfect time to buy long RYL:



Here are more ideas 



Good luck!



Disclosure: NoTEX, no MAT, no BWS, no USB, no RYL at my portfolio.

The charts and comments are only the author’s view of market and aren’t recommendations to buy or sell any security.

Stocks: TEX, MAT, CAL, USB