Pretty good day today
Bot TSRI open sold for 2 about 15 minutes later. Rebot 19 5/8, and still holding. This was a nice break of a long base, my favorite type of breakout. Closed strong, should gap, on that nice vol.
Yr 2000 stocks doing pretty well.
IBD mention monday also:
<<TSR gained 2 to a 52-week high of 21 on triple normal volume. The stock has surged 19% in the past two sessions after the company released its new Year 2000 compliance testing software.>>
Did well with KEA also, it's on my permanent watch list now as well.
Sold MDCO, lost 1 1/8.
flipped TGNT for 3/8.
bot SUMX open at 12. Like this chart and vol is picking up, in a good market this one would have been gone.
This market is making position trading tough so I am doing more scalping and breakout buys. They are working very well. While this market has no rhythm to it, certain sectors are doing very well. trading stocks in good sectors as I have mentioned before works well. Right now I find yr 2000 and wireless stocks to be acting well, also telecom service and computer service. My fav stock right now is ANDW, and it pulled back today on light vol. I will be on that one when the time is right, It needs to rest a bit after a huge move last week after blow out earnings.
I was a bit disgusted that I didnt do a short today I had on my list, CHKPF, it was only good for 6 or so.
Small stocks seem to be doing very well in selected sectors. |
