Thursday Update

Posted by downtowntrader | 2/16/2006 11:36:00 PM | 0 comments »

Nice close for the markets today. Volume is running a little light for a bullish breakout, so be careful. It seems like people aren't diving headfirst into this rally, and we are not out of the clear. Tomorrow is options expiration and as such I won't be trading much. It will be intersting to see how the big guys deal with NVDA and DELL after earnings. Here are some charts to watch. No time for comments on the charts tonight but they are pretty self explanitory. Keep an eye on MNST (listed below). They had unusual traffic AH tonight.

Good Luck,