Hit & Run Candlesticks          
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Rick's Picks for: 6-3-2008

Hello, This is Rick Owner of Hit and Run Candlesticks "Trading For Profit"
Below are a few stocks picks for Tuesday and a few thoughts on the market.
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karl: got same NR this morning at 7.24

  Jay: got some STEC the other day at 12.85

Norm: DIA puts are up 30% + since late
friday.  Have stops set for no less than 30 % gain.

karl: sold 1/2 of NR 6%

Michael: Although I got in XRM a little earlier then you mentioned I made 7% on it in 15 minutes

karl: 1/2 of on FPP 8% 5.18

Jay: RVBD near LOD - sold earlier at 17.47 for loss on day but $1000 profit

Rick Saddler: Bot ROYL, took profits 3 times today +9%, +17%, +16%

Rick Saddler: Bot FPP sold ½ +9% sold 2nd ½ +16%

karl: sold my SCUR 5%

Great Job Profit Traders!!

6-3 Pin Ball Picks
The Pin Ball set up gives us 10% - 15% - 20% in 1-3 days on most days
CHC
EGT
HRZ
LNG
NCC
PDGI
PTRY
SPF
XRIT
6-3 Snap Back Hook-Picks
AIQ
FPP
MXC
OSTK
PDO
SIM
TGC
UTEK
XRM
VQ
SHORTS
NCT
FIC
HOLX
MCRS
PRGO
TLEO
INWK
S&P-500
We did not make it over the 1403 area and down we went forming a BEARISH EVENING STAR signal if we have follow through to the down side Tuesday will 1372 then 1367. We now have a Swing High, we need a buy signal to go long from here.

Watch the 15 & 60min charts, We need a swing low before we can be long.

There is no doubt this is a traders market and you need to be ready to shift gears in a blink. In the Hit and Run Candlesticks Trading Room we constantly take profits to keep from getting caught holding the empty bag.
COMMITTED
Buy & Sell rules will lead you to your goals

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we don't day trade
we don't swing trade
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See you all in our live Trading Room
Rick

SP 6-3
Investing and Trading involves significant financial risk. No communication should be construed as financial or trading advice. All information provided is for Educational Purposes Only.