Friday, October 19, 2007

Whew

When I finally got the computer up the market was already down 111 points. Had no stops in place as I rarely oversleep. Sold NTAP @ 29.80 plan on buying it back lower. Got Short DRYS 124. but couldn't hold on +2.40. If MPEL gets to the 16.50 i will consider buying a bit more. DISH holding for now. CRDC will continue to hold.

Thursday, October 18, 2007

Today

Bought some MPEL @ 17.00 and will add to it at lower levels.
Daytraded some CTEL for a scalp.

Wednesday, October 17, 2007

Review

CRDC, mostly sellers after the opening strength, if you have a strong stomach it may be worth holding otherwise get out and wait for momentum to return.
NTAP, still holding, nice recovery today.
DISH, holding, the story is a buyout, however the stock caught a downgrade today on 3rd quarter earnings. I had an entry @ 48.60 but removed it quickly as the market was BRIGHT RED.

CRDC

@11.60 small addition.

Early pop

Stopped out of DNA -5cents
Sold LRCX @57.05

The early pop shows signs of weakness.

Tuesday, October 16, 2007

DNA

Just started a position in DNA @ 74.65

Pre-market

The shippers are receiving lots of target upgrades this morning.

Picked up some DISH pre-market,,,,,,,,,,,,,,,,,Risky
Order in for more CRDC under 11.00,,,,,,,,,,,, Risky

Monday, October 15, 2007

Good Luck

Good Luck. Gone for the rest of today. SET YOUR STOPS>

LRCX

Started a small position in LRCX @54.66

Possible sector trades

BIOTECH and select TECH look to have some upside in front of them

Today

CBAK stopped out Friday. OUCH!!!!!!!!!!!!!!!!!!!!!!
NTAP looks good.
CRDC, no volume could go either way. Could sell and wait for a rally over 15.15 I'm holding for now.

I'm mainly focused on day trades right now.