The Week Ahead for 12/27/10

{+++}There will be no video tonight as there are just a few new names tonight and the portfolio has been greatly reduced, we should also see a very light volume market this coming week.

China increased rates over the weekend, that isn’t good for our stock market, but it was anticipated to happen at some point soon, so I doubt if it will have earthquake magnitude.

I want to wish all of you a great coming week and a great New Year. I have had a great time trading with all of you this year and have made some great acquaintances and friendships from the blog and the chat room. Many of us refer to the chat room as the living room and that is how it feels to me. I really enjoy trading with you all.

Here are three charts, please see the P&L for entries and exits. Have a great night.

PXP
PXP
MELI
MELI
QSFT
QSFT
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