To Rally or not to Rally

By TheWild1 at 23 March, 2008, 11:35 pm, Categories : Financial Markets

EDIT (4:20 PM) - What a great day!!

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Every where I look everybody is expecting a rally to be just around the corner. All this mushy mushy stuff is making me a little weary; nonetheless I will be READY. Some of the stocks on my radar include:

Steel Dynamics (STLD)

Sitting right at its resistance of the 50 day moving average, with increasing volume. If it resistance is broken, then first target can be set at $69.

STLD 032308

Nucor Corp (NUE)

This stock has basically been like an ATM machine for me. It goes up, goes down, rinse and repeat. A break of resistance could put target at $75.

NUE 032308

Haliburton (HAL)

The stock has come down a little off its 52 week high. A break of resistance (about $36.70) could see the stock make its way back up to $39.

HAL 032308

Sunaco (SUN)

Still liking this stock by the day, especially on any weakness. I am looking at this stock as more of a long term play compared to the others on my list.

SUN 032308

More on this topic (What's this?)
Nucor Corporation (NUE) Dividend Stock Analysis
Stock up on HAL on the Cheap
Read more on Nucor, Halliburton Company, Steel Dynamics at Wikinvest
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