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Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:

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To: richardred who wrote (852)	5/4/2012 1:47:38 PM
From: The Ox	3 Recommendations Read Replies (4) of 8239

Welcome, rr. FWIW, I added some CIEN, EBIX, MRGE and RDN to my folks IRA today. Small lots, nothing large, near the lows of today in each. Too early to tell if this is simply the start of a serious downturn or just another headfake before we melt higher. Yesterday I added a small amount of AMRS for them as well. Not sure I would recommend others follow into these at this time but they all reached initial price targets, so we started to nibble a little bit on each. A stock that I will probably add to in the near future, but waiting for a base or a reversal, is CYTK. A major longshot in the bio-tech field, not a stock to get too heavy into, imo. A good one to buy low and sell a significant portion after the 25 to 35% gains it gets every year or so.

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