Watch List & Responses 9/9:
CNTR 1.875
INEL 15.50
INTV 10.00
MANU 38.875
NETG 18.50
SFA 22.625
TXB 5.187
HCIA and RAYS both seem to be trying to stage a comeback, but SGI (especially considering the earlier post from Paul and the 500k share sell first thing today) CU and GADZ all look overbought or at least locally peaked. I'm still long on QCOM, NSCP, FRTE and CPQ although I expect to dump CPQ tomorrow during whatever local high it can muster.
KM also looks overbought, but it may have enough strength to go up another day before retreating. I don't really see anything in its numbers to indicate it should shoot past its 52 week high. Maybe closer to Thanksgiving, but not yet. PETM I don't follow, but the chart for both it and VLNC both need to show some increasing resistance above 9 to make my list.
As for VRGN, it went up a little under 9% today, but I need to see it cross above 2.5 to believe it has any significant improvement coming. And I'm long on it! The net thumbed its nose at it tonight for what its worth. Speaking of that, it also spit out both NCTI and DIMD, although neither had a very interesting looking chart or technicals. But then, neither did VRGN or CNTR (up over 11% today) when they came up. I like to see it on the list for a few days and have some technical support before I start watching it closely and post it, but since the modifications, I have a little more confidence in it.
Ted emailed me that ENBX shot up today and he couldn't catch it, but I couldn't find any news why. Four or five large buys of more than 50k shares around 2-3 pm seemed to drive it. The pennant shape forming over the last 6 days (solid upper resistance, improving lower) spoke to a potential jump. It might gap tomorrow morning, but I would wait for the dip to buy in if you are so inclined. I don't do food, human or Pet, so someone who does might jump in here.
lastshadow
On the home front, I mentioned to my fiance how I needed to get another pentium and a new mac and maybe check out the new HP color copier/scanner/printer before year end. She stared blankly at all the equipment I was sitting front of for a moment and then asked slowly, "To replace all this?"
uh...no... |
