The market needs to rally back tomorrow and hold.

If we don't, the nasdaq is headed to the low 1900. There's been alot of selling these last 3 months, presumably because people have been taking their profits to pay taxes on April. The path of least resistance now is down. I would not be surprised that we go down until April 15 - tax day.

USEG is a stock you really need to put on your radar daily, especially if you already completely sold your positions. Bloomberg and others are saying that a uranium bullmarket is still in the early stages. There's only a handle of about 4 uranium mills/mines in the USA currently! Last year, we only had the capacity to generate about 2 million pounds of uranium for the US. This year it is estimated that we will double that. Most of it are produced by 2 companies. In the last giant uranium bullmarket in 1980, we were generating over 40 million pounds of uranium annually! Several companies want to build nuclear plants to supply an urgent need. USEG's uranium mill is slated to reopen in the middle of next year. Hey, remember that USEG isn't just a uranium play.

USEG is slated to go higher. If USEG were to correct 50% of the gains it had made since the move starting from $4, then we get $6 as a major support level.

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ELTK: Congratulations everybody! All longs are now profitable. Even though i think it can initially go to $5-6, you may or may not want to wait for those targets. No one ever went broke taking some profits, especially on volatile and risky stocks. You are now on your own. Good luck and have a very profitable trade. Obviously, it looks like it's gonna gap up tomorrow and a big gap at that. :)