Dom’s Intra- Day Game Plan for Wednesday 30-Mar-2011

Momentum LONG

DNDN 36.10 close Closed at a 20 day high with twice the average daily volume and will look for a long entry above Tuesday’s high of 36.17

HAL 49.00 close Closed at a 52 week high with strong relative volume. Looking for continuation above 49.25

CAT 110.51 close Closed at a 52 week high. Look for continuation above Tuesday’s high of 110.79

VLO 30.44 close Closed at 52 week high. Look for continuation above Tuesday’s high of 30.47

OVTI 36.07 close Closed at a 52 week high. Look for continuation above Tuesday’s high of 36.38

HON 59.60 close Closed at a 52 week high. Look for continuation above Tuesday’s high of 59.63

CVX 107.37 close Closed at a 52 week high. Look for continuation above 107.48

Momentum SHORT

APOL 40.55 close Gapped down on weak outlook. Look for a failed test of Tuesday’s high of 40.63 to initiate a short and add below 40.00

CCL 38.04 close Closed at a 20 day low. Look for continuation below 37.86

Economic Calendar

8:15 ADP Non-Farm Employment Change

10:30 Crude Oil Inventories

Stocks In Play

VRX makes a $5.7B unsolicited offer for CEPH sends share prices higher.

IBX earnings sends share price lower after hours.