I think we get a pull back soon from this high point of the SPX but we will see rather a counter trend correction than a sell off the start will be a weekly close under 1391 that we rich by end next week. But for now the market go up and we look to play the long side. I have found some stocks they look interesting the next time, here are my 5 stocks to watch this week: DRYS, NBS, OREX, OMEX, ONTY.
http://www.jasonbondpicks.com/images/otto/08132012/drys.png
http://www.jasonbondpicks.com/images/otto/08132012/nbs.png
http://www.jasonbondpicks.com/images/otto/08132012/omex.png
Regarding OMEX, the buy signal you’re looking for is candle over candle
Rob
Not that’s actually video lesson 2 and video lesson 3, continuation pending breakout. Not sure what Otto’s looking for, given it’s his watch list, but I’d be looking $3.70 or even $3.60 support and swing it from there.