Today was a hit to the portfolio, but the market remains in an up-trend and nothing has reached critical sell levels. As long as the market is in an up-trend, I consider it a green light to add longs. If the trend comes under pressure, I will just hold, and if it starts to correct, I will secure gains and liquidate (as of now).

The hardest part to me is making the call to take profits vs. holding out. But at $5 a trade, I am fine with spending $10 to lock in profits and buy in if we see more bullish action. On to the longs:

Strong momentum here as ZIGO reaches levels last seen in '08.

After moving sideways since mid-December, ECPG makes a huge move higher on enormous volume.

If you’re feeling risky, here’s a short opportunity for you (this guy wasn’t on FINVIZ for some reason):

An IBD composite of 19, breakout lower on huge volume, and reaching levels matching the lowest all time says SELL!!