11/12 Even best-positioned stocks are now failure- prone after breakout.yet,if you approach them with a daytrader mentality it is possible to make a few points here and
there - but you must maintain a real nervous trigger finger to pull the plug as soon as the price moves against you monitoring your purchase minute-by-minute - real time. with that in mind,take a look at SAM;might well
make another point or two.... and should the major indices start to head south - exit without a moments hesitation. 9/20 Obviously ulab ,also,has had it for now - and there
will be no further picks until the market ,which appears presently to be imploding,recovers. unless you're shorting i would think it prudent to retire from the gladiator ring at this time. 9/6
well,there goes ulab after all - 28.5 today.and hrb,as well,is showing strength ,which may well translate into continued upward progress. 9/4
A second look at end of trading day shows ulab back up to its previous high of 27! - does seem as if it might have power to go - unless the market pulls
it down again.needs daily watching - might move on up after all.but unless a change in market direction gets confirmation would seem futile to chase this one. 8/31
....and thats it for ULAB; it too has taken the southern route.nor will UOPX be likrly to move in this persistent sell-off.the only one still fighting
the trend is HRB. entry is anytime but need to exit at first sign of weakness. 8/28/01 Well,wm never made it to 43.0 , so we never got to buy it;now its crashed
,along with its bank sector - but there are still a few others to consider; for instance ULAB,@ 27 is still holding nicely and , in fact ,ready to buy
right now , within the present consolidation.the average daily vol.has come down so its had 3 days of impressive buying thus confirming institutional
commitment. UOPX is approaching a buy point but may require a few more weeks to complete its base;keep watching. ULAB should not touch 26.0 again before moving out; even so,if it should do
so, exit the stock,taking no further loss; this is still a bear. 08/20/01 : wm - possible buy@ 43.2 with buy vol. > 4.0million for day; ulab- buy @ 26.2 with vol.of day at least 500,000 . in this
bear take couple points on both - and run. 8/15 EASI HEADING SOUTH - NO BUY NOW. WM - STILL LOOKING OK - BUT WOULD EXIT IF IT STARTS DRIFTING DOWN. ULAB - MOVING OUT - BUT NO VOLUME!
WOULDNT TRUST THIS MOVE WITHOUT IT. 8/13 easi - still looking good following breakout on 08/06/01; a bit extended and
risky at this point but has potential - unless market pulls it down. wm and ulab remain good prospects . 8/7
gmcr did make $ - but needed to be bought at 35, then sold at 41.in a bull market there should have been no cave-in but in this one buyers are taking
profits at 8 - 10% .so need to be quick and dont look for more. today coco looks like it should make its move at anytime - its 51 and looking real strong - but 55 might be as far as it goes.
coco dropped a point friday with large intraday fluctuations and i wouldnt be buying until it gets back to 53 on strong vol - like around 900,000.
coco caved! - fund managers just real eager to take 5 points and run. 8/3/01 gmcr - almost 40. now;still a buy.
market strength weak;would restrict holdings to gmcr,ulab and wm. gmcr caved in - had to sell. wm, ulab still good. 8/02/01 1.ebay - should recover; strong earnings/sales
2.igt - bad idea 3.coh- should move on up 4.incr - incorrect symbol 5.cprt - should continue to go 6. ulab - sleeper; should move soon gmcr - 40 lncr - best sell now / weak earnings,sales 6/22/01 ebay - 69.3 igt - 64 coh - 37 lncr - 66.6 cprt - 26.5 ulab - 24.1 |