MTM's above $5 Plays

[mtm]

BE Aerospace Inc.(BEAV)

Ascending breakout possibly...

Long Trigger 12.52

Target 14.27

Stop 11.37

[IIC]

BEAV looks good...but I dropped it off my watchlist(Which is VERY short term) because I didn't like the high downward vol the last 15 mins on Friday...But it could very well be a good one IMO

[mtm]

They like to fake us out all the time, So I learned to keep them on the side.

[IIC]

The group did well on Friday...I also like ISSC and HXL from this group.

[mtm]

Started its crawl today, but I don't like the fact they dumped the S&P futures in after hours for wee need to break out in the next 2 days or we could definately be finished in this market. Besides that fact where is the broad leadership? (there is none!)

[IIC]

Started its crawl today, but I don't like the fact they dumped the S&P futures in after hours for wee need to break out in the next 2 days or we could definately be finished in this market. Besides that fact where is the broad leadership? (there is none!)

You are right about leadership. I believe at this point the Naz will be turned back soon...Probably open down today, but may bounce up to the 50 sma soon(2087ish)...but I don't see 2100 in the near future.

In the past week Home Construction ,Trucking and Tires have led the way...but it won't be much of a rally if those Industries lead.