Don't be fooled guys, this was a lame attempt on the bears part to make a come back.It was by no means a sell off, yeah we were down 250+ and there was bad news from GM but where was the volume?Quite frankly we learned nothing new today, any one who has ever driven a GM knew this day was coming.As long as we don't hear the word "nationalize" anytime soon we are going higher.
My ideal set up would be gapping lower and trapping some greedy bears in.Then blasting off around mid day finishing strong hopefully starting a massive short squeeze.I am looking at TNA, FAS,and Solar stocks to get in.My favourites to trade are YGE,SOL and STP.
Good Luck!
lsustockjunkie
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