The market put showed some strength into the close today, making the indexes look more bullish here. But there seems to be a lot of caution out there right now. Still, I like how this chart of the S&P 500 is looking.

I had one trigger today in PVX. Like GMCR yesterday, it was a bit disappointing, but I still think it has some promise, but I may be too early. We will soon see.

I remain bullish on this market and am holding most of the stocks I have bought recently, although I have peeled shares off of most of them. So far it has paid off well. Check out this move in recent trigger PIR:

Others, like DBRN, appear to be digesting recent moves in preparation for another one.

The market is overbought, and there is a job report tomorrow. Neither mean much to me. Overbought can become more overbought, and the jobs numbers are manipulated statistics that can be interpreted either way. Just trading the charts and trailing my stops.

Trade Ideas for 03/05/10:

May look for day trades in MTL and TRW, depending on the action.




Good luck and good trading!