Hey Greg,
Wish we had only one thread to deal with... Made money past three sessions w/ Noiz, it's been getting attention lately and float is small. Got stuck in Adpt today, lost over a point, had I held I'd only be down 1/2. Picked up Rhat @ 20 3/4, only solid thing I did all day, still holding. Eshr is poised imo, holding from last week. Funny chit w/ Ifci... technical breakout over 20 yesterday attracted momo traders like nobody's bizness. If u look at a daily it's a real obvious interpretation, and the MM's know it. Eod yesterday they ran the stock, hitting all the buy stops around 20, of course this fed itself and the MMs shorted the stock. I imagine this made for real weak hands and as a result, it was easy to get the ball rolling eod today <it went over the falls> what with tomorrows numbers and all. Ifci closed above 20, therby confirming the breakout. <the chart looks real nice> I'm amazed the Naz rallied eod, did Greenspans speech really make everyone that warm and fuzzy?
Hope all is well,
Mike |
