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Stocks May Try To Snap-Back, 6 Positions

|Includes:BIDU, CTRP, CTSH, DECK, DVMT, Goldman Sachs Group Inc. (GS), HPQ, WYNN, ZION

 


 

10/20  @ 8:15am


On Tuesday, stocks sank as losers beat winners by a 5-1 margin. Mixed tech earnings and banks' mortgage concerns weighed on the market.  After stellar sessions of gains, a pullback is healthy.  However, volume during Tuesday's decline was heavy and bears watching near-term.

This morning, futures are pointing to a HIGHER opening.
 

Focus is on stocks meeting the CRITERIA & setting stop-loss limits / trailing stops as stocks rise in price.


Selective Chartists Positions (with BUY price):  
6 (subscribers only)

Closely Monitoring: 

Golman Sachs (NYSE:GS)
Zions (NASDAQ:ZION)|
Hewlett-Packard (NYSE:HPQ)
Ctrip (NASDAQ:CTRP)
SanDisk (SNDK)
Deckers (NASDAQ:DECK)
Wynn (NASDAQ:WYNN)
Baidu (NASDAQ:BIDU)
Cognizant Tech (NASDAQ:CTSH)
EMC (EMC)


ETFs:
   None


View postings on StockCharts:
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID1563855



Disclosure: Long: 6 Positions (subscribers only)
Stocks: GS, ZION, HPQ, CTRP, DECK, WYNN, BIDU, CTSH, DVMT