Thursday Update

We are in a state of indecision right now. It seems like big players want it to go up, as they try and lock in profits at the same time. How else can you explain target increases all over the place and then the stocks start spinning their wheels (ie, aapl and goog)? Last two days have had attempted rallies at the end of the day, so we may not be in for a correction just yet. If you are shorting these markets lock in at least partial profits sooner then normal, as bulls haven't thrown in the towel just yet, and that leads to a choppy environment.

Here is a quick chart on PWR. With the markets pulling back the past few days, I am looking for stocks that are close to support and where sellers may be done. PWR has a few support areas here, so I will keep an eye on it.
Others that turned up on my list:
mrvl: keep an eye on semi's tomorrow afternoon. They will open weak on intc guidance, but may turn around later.
osur
hal: see previous post.
int: see previous post
rbak
mnst
smtc
vclk
intu
rmbs
sbac

Good Luck,

DT