Watchers for the 11-23-10 trading session

ZAAP

See my comments from last time, nearly everything still applies. Still waiting to fade this if my preconditions are met, or remain flat if not.

HHWW

See my comments from last time, nearly everything still applies. Still waiting to fade this if my preconditions are met, or remain flat if not.

MONT

See my comments from last time, nearly everything still applies. Still waiting to fade this if my preconditions are met, or remain flat if not.

HAUP

Our old friend again returns! Failed to hold its spike day before and may not on Tuesday. A live price action decision here. If it starts zooming up from the gun or almost, then a long scalp beckons. This stock can squeeze, but it may crash and burn as early as tomorrow. Any morning panic or confirmed weakness cue is a short entry. Be flexible as we will not know until seeing the landscape in the morning.

APRI

Say the words "cancer drug" and speculators pounce. Happens every time. 2 big up days pending word on their Prevonce drug approval. Hard to believe this might have anything else but it might have a bit more, at least initially, which might be long scalped on a spike. It hit 4+ today before selling off to close well below the highs. Up after hours, we will see if it tests it again. Also possible is an early failure and thus a short scalp if goes negative on profit taking panic selling.

DPDW

Ok, they liked the recent quarter results. But it made a newer high on a lot less volume since it jumped on Friday. Possible short on massive profit taking selling pressure or clear weakness cues. Not into a long anymore. Bottom line is this still a crappy firm rising on reactionary news.

GORO

Nice chart pattern. Took out 24.70's area to the upside to hit 25. I like this long on any pull back entry that holds 24.70+ and moves above 25 to expand on today's gains. Not a penny stock, but interesting. Short on failed chart pattern on a fail below 24.70 in which case in might head back closer to 20. Live price action situation here. Ideally this works out from the long side.

CPWM

Great break out that still merits watching for either more up side over 8 or fading profit taking below 8. This is typical psychologically important level for both buyers and sellers. Bullish call option activity. Depending on how it handles 8, it will come into play tomorrow either way.

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