Hit & Run Candlesticks          
Trading for Profits
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Rick's Picks for: 6-5-2008

Hello, This is Rick Owner of Hit and Run Candlesticks "Trading For Profit"
Below are a few stocks picks for Thursday and a few thoughts on the market.
 There will be NO E-Learning
Sunday 6-8-2008

Due to traveling there will be no "Ricks Picks" for Friday 6-6-08
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William: Took 20% on GRO

karl: sold OMNI 10%

Bob: Finally every position green this morning.



Great Job Profit Traders!!

6-5 Pin Ball Picks
The Pin Ball set up gives us 10% - 15% - 20% in 1-3 days on most days
DCR
DSPG
GEOY
SNCR
UCBI
XRIT
6-5 Snap Back Hook-Picks
BKD
BKI
CDNS
CHS
EBHI
EEE
FLE
GNCMA
IFSIA
KNOT
OPTM
PERY
PSEM
STEC
VRGY
S&P-500
We came within less than 1 point of reaching our upside target, afterwards the SP-500 pulled back and closed at 1377 with a Doji. The T-line broke through the 34ema giving us a Swing High. We can now start watching for a Candlestick buy signal. We may have a day or 2 of sloppy trading and the first down side target of 1367 is still in play. I wouldn't be over aggressive for longs or shorts.

We closed today below the 15 & 60min 13ema and the 3ema is leading down. Watch our BASE LOW, HIGH & the 13ema's for a SWING LOW before buying.

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

If you would like to join us in the live Trading Room and Wednesday & Sunday E-Learning
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we don't day trade
we don't swing trade
WE PROFIT TRADE



See you all in our live Trading Room
Rick

SP 6-5
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.