Sunday, January 6, 2008

Longest Watchlist Ever

My watchlist for this week is 264 stocks. Jeez. That's a lot. If there are opportunities to be found I'm going to dig them up.

Going through the master list I noticed many opportunities missed owed to the fact that I didn't quite have enough capital to short 150 different stocks. That's alright. There are new opportunities every week and I will get mine.

Overall I'm pleased to see many opportunities still exist here and now. Just not near as many as before the mauling of last week. Still plenty of names yet to break support.

One to watch? YHOO. Looking for this perennial dog to take out support so I can get involved with an old name which has been good to me in the past.

Tech generally has just started to work on the short side. Many tech names are just now breaking down as the market realizes the idea that you can hide out in tech during a recession is pure fantasy.

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