4/7/08 Recap & 4/8/08 Watchlist
I woke up feeling pretty tired from last night and didn't really do much today other than close out a few short term swing trades. A lot of the stocks I follow have shown that they are tired following their recent run ups.
As I posted last night, Oil broke out of its triangle/flag type formation. IMO (based on what the chart is telling me) we'll break out to new highs providing Wednesday's EIA data isn't too bearish.
From tonight's charts, you'll see that networking stocks and refiners are starting to break down.
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