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Diary of A Day Trader© May 8, 2011 "Futures Look Bright: Potential Momentum Movers For Tomorrow"

|Includes: Universal Bioenergy, Inc. (UBRG)

To echo a previous post, UBRG should be on day-traders' radar tomorrow. More big volume could carry this higher...somewhere around .15 perhaps...before selling sets in. Then, based on chart history, I'd look to buy on dips for additional upside.

I also have my eye on FONR, a former runner, due to report earnings. This one gets especially interesting with good market conditions, as the froth seems to be percolating to the top again, already triggering a nice run in low-floater EONC. The low floaters tend to run when market averages break through to new 52s.

Also keep an eye on DUNR, also a former runner, which may be setting up for the $1 break and run higher.

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