IDTC, breaking out look for 50s- 60s
RG, looking for 30
BEAM looking for 20s
IBM, longer term 250
HWP, 100 longer term
Great day for the Dow, Techs lagged, well most did. We are looking for a
rally to the upside on Thursday also, A few stocks to watch here are MER, we
usually follow the always fun, fast moving Net stocks, but when a chart looks
this good and volume follows its time to add.! Back to the nets, CNET looking
VERY bullish at this point, look for some big days soon. GNET one to watch
after slowing down, EXDS splits on 4-12. expect a run? YA !!...SONE
considalited a bit, GREAT time to get in for its run, we are raising our
price to 110-120. YHOO earings report was very exciting, lets hope she helps
the sector on the typical Thursday rally. online brokers still running, AMTD
which we gave you back on 4-1 at around 60 dollars hit 100 intraday and yes
SHE goes higher !, but we may take some profits this am if gaps open,(a
trader takes what he gets). ITVU is considaliting here, watch for that run to
100 soon. NITE which just added tacked on a few. AOL and QCOM
down, dont expect to much for carnage on AOL, everytime that thing drops,
buyers come right back in, its off its high by 20 + points as of now. Tide
was mentioning to me he thinks we are very overbought here, was today the
shakeout on the techs? or is there more to come. we dont know ! Good Luck
all, happy trading
Wowerss....isnt hard to go wrong in this kinda market.! our AMZN up 18. we
MAY close out position if stock is over 200 on tuesday. Naz at new highs like
were talking about, so is the DOW, which now has 10K as SUPPORT instead of
resistance. If Naz is to keep up new highs, MSFT will be a Major contributor
as it was today, BUT it had trouble with 95 a LOT today (as my friend pointed
out to me today). Lets hope she can run up over that, if not maybe time to
sell MSFT for now, and watch for another entry point. SONE
up 9+ to 91 , NTAP
we are now looking for 70-75 on it small gap up today. ITVU up BIG also. JUST
CANT stop dem NETS, this is like NO other time in trading history, I am happy
to say I am a part of it, (and MAKING money :) ).
Adding only ONE stock to BUY - not WATCH..this one could be a boomer !
- NITE . is involved in almost every shared traded as a market maker, it
handles 50- 80% of the orders placed with big online brokers. It trades
options we are going to purchase some May 70s calls in the AM. no traget yet,
but heck lets go out on limb. 200??? she HAS good earings to.
DO YOUR RESEACH
ON THIS ONE TONIGHT !
(this nights stock idea was passed along from my good friend, no other than
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tiny little rally today
(thurs.)..Dow needs to stay above 9850...if it gaps down next support is around 9600s..which isnt bad..but could get worse..some stocks just dont stop..AOL, QCOM are amazing..want to short but..WHEN?..they should be at
tops around here..
- MSFT bounced up again today after selloff yesterday..court pushed back to May..
- AMZN took a much needed breather today..look to add to position we Upped our target to 220-230
.Nets are just incredible..get involved now..
- SONE took off late in day no news..volume picked up late..on it way to 100s FAST!!
- ITVU looks like it is ready..remember ABOV once street noticed it was
lagging..well guess what one should catch up now.!
- NTAP Watch this one good move today.
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