Cave's Picks 10/18

While I'm not convinced this rally is the real deal, for those of you looking for some long positions ... take a look at these.

Mastercard (MA), DollarTree (DLTR), Alexion Pharmaceuticals (ALXN), Perrigo (PRGO), IAC Interactive Corp (IACI) ... to name a few.

I'm waiting for the market to come unglued and then plunge into TZA and BGZ.  Time will tell.  Good luck to you all.

Man, is this market coming down?  I actually changed directions and went long earlier today.  Bought some TNA, times 3 russell 2000.  Small little position.  For any of you William O'Neil esque traders or Investors Business Daily subscribers, the REAL follow through was today.  The follow mentioned by IBD several days ago is not valid.  Always use the S&P 500 or Nasdaq Composite instead of the junk they describe.  Dow Jones just doesn't have enough stocks to be a good gauge of the overall indices.  They mentioned a follow through on the NYSE Composite but rarely mention it on the Big Picture section.  Only when its convenient for them ... they do ... dummies ...