Calm before the (earning)storm..
Wednesday, July 4, 2007 at 10:37PM
Jon in BTJ, JASO, PENX, SNHY, fslr

Undoubtedly, the next couple of days will be very quiet as we imagine most of the market participants will be away with their family.    This is not to say that opportunities will not be present during next couple of days.   On the contrary, we think there will be plenty of opportunities and the main concern for us will be the liquidity.    The lack of liquidity means that some already volatile stocks will be push to either direction with less volume.   This may create some "false" move but as long as we are aware of what's going on, we can take advantage of it.     What we are going to do is to keep our eyes on those that have been active during the first two days of the week.   Stocks such as TNH FSLR JASO... and even the ones that have been hot past few days BTJ PENX SNHY etc. will also be on our menu.    Just make sure that you are aware this is just holiday trading and take advantage of it but not over extrapolate things too much.

oh yeah, Happy Holiday!

Article originally appeared on Your Personal Trader (http://www.yourpersonaltrader.com/).
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