Hit & Run Candlesticks          
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Rick's Picks for: 6-11-2008

Hello, This is Rick Owner of
Hit and Run Candlesticks "Trading For Profit"
Below are a few stocks picks for Wednesday and a few thoughts on the market.
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In the Trading Room

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6-11 Pin Ball Picks

The Pin Ball set up gives us 10% - 15% - 20% in 1-3 days on most days
No Pin Ball picks






6-11 Snap Back Hook-Picks
ABAX
AEC
AERG
ARRS
ARTG
CTRN
DBRN
EEE
EEFT
EGOV
ENTU
GCO
INAP
LHCG
OCN
SOV
SYKE
VVUS
WIND






S&P-500
Another doji day
on Tuesday kept us on the edge of our seats, which way are the markets going to take us, the doji is a reversal signal that requires confirmation and it is also the type of signal that shows up at the beginning and at the end of  the current trend. On the daily chart price and the 2ema are leading the T-Line to the down side, but price is starting to get a little to far away from its comfort zone (the T-Line). Now that we have 2 DOJI  days it may be time to start watching for the swing low buy signal.

Keep your eye on the 60 minute chart and the 13ema,   Watch for price and the 3ema to cross a through the 13 giving us a swing low by signal.

Give the market a little time in the morning to show its intentions

Now that we have had a SWING HIGH it is time to start looking for buy signals.

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
WE PROFIT TRADE





See you all in our live Trading Room
Rick

SP 6-11
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.