Posted by downtowntrader | 9/22/2005 01:59:00 AM | 0 comments »

Although the market has been pretty crappy the past few days, I think it is due a bounce soon. Both the nasdaq and small cap 600 are close to fairly strong support levels. Right now the Hurricane and Oil are dominating the headlines, but I think there are still some chances to go long. I've been holding SCLN for a couple weeks now and it is very near strong support. Today it was up slightly in a pretty bad market. In my opinion, this is a good risk / reward play. Good Luck.