Tuesday, October 28, 2008


MMM, set a 3% stop loss. MMM could go a little higher, around 66 or 67.

CLF, well it reached it BB13 middle band, and maybe it will reach the upper band this week. I don't know if CLF will ever go lower then the 22.39.
It was a pretty big rally based on bargain hunting, and CLF at today's close , is still a heck of a bargain. And so are most commodity stocks. Yesterday I noticed hundreds of stocks 65% below their 50 day.
At some point stocks have to at least test their 50 day.

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