The Black Box

[dieselfuel]

You may be right on CHK, but if it just re-traces back to 19.96, that'd be a good place to start a position. And 19.96 is very 'do-able'.

SBAC looks to me as if it has more downside before a good upside movement. 16.50 looks do-able.

But, this is just the way I trade. I look for extreme oversold areas and try to enter before a good 'pop'.

These readings I listed are from looking at the dailies.

The monthlies say they're buys. The weeklies, show they could continue more to the up-side before pulling back.

This market is REALLY volitle, as we all realize, so it's rough trading.

On one hand, I feel like I made a good entry on UYM. On the other hand, I don't think the lows are in, so and position I take makes me a little nervous.