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Dear Members:
The markets are not yet very inviting as a bull. I am looking at International Speedway Corp (ISCA) which is up and somewhat countering the today's trend of the major indices. It is currently trading just below 49 and an entry in that range is interesting with an initial exit about 80 cents down from there if it doesn't continue up. I don't like playing bullish against market movement so I'm not buying yet. ISCA may be worth a look for traders more agressive than I.
DISCLOSURE: At the time of publication, I have no position in ISCA.
Sincerely,
Bill Kraft
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