Some of these beaten down Cult Stocks are bubbling up just too much to be ignored. . .CRDS is by far my favorite of the pack with exceptional volume. . .looking to break out strongly over the next few days. . . . I especially like it each time short-sellers begin to lose their grip. . . . . it has traded more than a quarter its float in less than the first hour of trading! . . . . when it moves, it has strength, due to low float and size of cult following. . . was as high as $200 once. . . . the company sells storage routers for fibre channels.
Now many of the stocks we have discussed over the past week are looking very nice. . . .ASKJ, NBCI, RTHM, and so many others from those lists we made.
As for the larger caps. . . today should give us some better Technical indication as to whether or not we should be in or out any particular sector. . .or the tech blue chips during this wash & rinse . . . .I welcome every amateur TA'r to throw in their reads on QQQ, CSCO, INTC, GLW, CIEN, MRVC, COMPX, ORCL, QCOM, BRCM, EXDS, JDSU, YHOO, PMCS, AMCC, AMAT, SMH, BHH. . . . ahead of those of Kevin or Mark.
Thanks all,
Rande Is |
