Thursday, August 12, 2010


In my daily review of the markets today and strategy for tomorrow, I wrote that a short term bounce seems quite likely here. Here is the daily review in case you missed it. In order to find stocks to play this bounce, if it occurs, I thought I would first just check on the three stocks I had pointed out yesterday. All three of them performed rather well today, with FDO in particular providing a great entry point at the level I had marked yesterday.

As noted in the daily review, remember to be cautious of any bounce and quick in collecting any profits. 

Take care and good luck!

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