Thursday, July 9, 2009

$$ Buying Day: Friday July 10

$TBT, $OIH, $UNG, $RKH, $EWZ, $MDY, $GDX, $ICF and $SMH are all deeply oversold on the daily SMA3 RSI3 in the face of rising or flat 50-day moving averages. Consider the Momentum Pinball strategy discussed below -- from the long side.

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