主题：11/06/2009 Market View -- 宁子

Upside: Playing a potential bounce off early weakness.

Play Date: 11/06/2008

DDM (DJ30 Ultra ETF--$32.94; -3.36; optionable)

STATUS: Reverse head and shoulders. DJ30 is heading lower and as discussed in the report, if it holds at the prior lows after the jobs report we want to make the play to the upside if it makes the bottom here.

Volume: 18.279M Avg Volume: 8.147M

BUY POINT: $30.11 Volume=10M Target=$38.75 Stop=$28.00

POSITION: HXD AD - Jan. $30c (low OI) &/or Stock

http://www.investmenthouse.com/ci/ddm.html

Play Date: 11/06/2008

DLTR (Dollar Tree--$38.29; +2.71; optionable): Discount stores

http://biz.yahoo.com/p/d/dltr.html

EARNINGS: 11-25-08

STATUS: Double bottom w/handle. Sold off Thursday but came right back into the game Thursday with strong same store sales. Nice 8 week base that roughly used the 200 day SMA (33.50) as support and bounced it nicely. Good looking start and in position to make a solid break higher with money flow leading the way. Very solid, surviving the retail same store sales issues.

Volume: 4.539M Avg Volume: 2.302M

BUY POINT: $40.08 Volume=3M Target=$47.95 Stop=$37.27

POSITION: DQO BH - Feb. $40c (52 delta) &/or Stock

http://www.investmenthouse.com/ci/dltr.html

Play Date: 11/06/2008

IWM (Ishares Russell 2000--$49.59; -2.00; optionable)

STATUS: Reverse head and shoulders. Another index that has set up this pattern as well and may start Friday lower after jobs. The small caps had the most torrid upside run of the October low, and if the indices bottom it can surge back up here as well.

Volume: 85.234M Avg Volume: 121.234M

BUY POINT: $46.65 Volume=100M Target=$54.95 Stop=$44.74

POSITION: IWM AT - Jan. $46c (73 delta) &/or Stock

http://www.investmenthouse.com/ci/iwm.html

Play Date: 11/06/2008

SPY (S&P Depository Receipts--$90.86; -5.33; optionable)

STATUS: Reverse head and shoulders. And yet another one of the indices showing this pattern and looking for the SP500 to dive lower on the Friday open and then hold the prior lows and then reverse with a bottom.

Volume: 474.123M Avg Volume: 376.284M

BUY POINT: $85.11 Volume=495M Target=$99.85 Stop=$83.77

POSITION: SZC AG - Jan. $85c (66 delta) &/or Stock

http://www.investmenthouse.com/ci/spy.html

Play Date: 11/06/2008

WCN (Waste Connections--$33.48; -0.42; optionable): Waste management

http://biz.yahoo.com/p/w/wcn.html

EARNINGS: Announced 10-21-08

STATUS: Double bottom w/handle. Tried the breakout in mid-September, but as soon as it cleared the August high it reversed and sold with the market into October, forming the first leg of the current 7 week double bottom. Just a bad time to breakout to a new high at the time. Now the market is trying to put in a bottom and WCN has used this time to build its own bottom and it came back to test the 50 day EMA (33.46) Thursday, showing a nice hammer doji at that level. Great set up and poised to move higher, and just has to show us the breakout move.

Volume: 544.522K Avg Volume: 954.223K

BUY POINT: $34.55 Volume=1.4M Target=$39.95 Stop=$32.77

POSITION: WCN AG - Jan. $35c (53 delta) &/or Stock

http://www.investmenthouse.com/ci/wcn.html