No New Long Positions For Monday’s Market Session

November 23, 2007

Enjoy your extended Thanksgiving weekend. There were only 9 stocks that showed up in the long scans and the IBD scan was near empty of anything with volume over the 50 day volume average. Out of those few stocks to choose from, none of them would make good longs at the point they are at on their charts. Therefore, we only have BITI from Wednesday to still work with. It still makes a good long here as it closed just .02 cents higher than on Wed. Those who went long this stock were given a blessing as the stock opened lower and gave us great fills and a quick 6% gain. The only poor action to report on was that the BOP went from max green (100) to green (88). Enjoy your long weekend! Aloha!

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