April 27, 2005

Ugly Picks

Good morning, my name is Ugly, and I am a loser. I have it in me to do serious financial damage to my account.

Dear Diary,
ERES looks weak. Watch it for a break down of $10. If it breaks $10, I swear it will just have to go to $5 at least.
ESLR is showing notable weakness also.
I would be surprised to see FWHT do anything but go down for a while.
UTIW broke its strong trendline.

As you can see from the chart below, the QQQQ is meeting resistance at the point where the 7M share block trade occured:


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