Buy Dips - WMT, ENR (8 Dec 2008)

I found a couple more potential long ideas, I think some bad news next week might present some buying opportunity.

WMT is moving within an ascending channel, if there is any selling next week. My advice is to buy on weakness near the lower trend line.


ENR is about to breakout, keep an eye on this for buying on dips.

I can see some profit taking and buying into some badly beaten up stocks happening.

Try not to hold overnight because I am not sure whether we are going to have Selling or Santa Rally.... We are still in a grey area.