Responses:
SIPX - sell at 23.25, ceiling (locally) looks to be 25.75
OSIP - 11? Must have been one of my busier days. Right now I'd say to exit and rebuy if it clears 6.625 - but its thinly traded, and can have huge intraday wings. If you can watch it, just set mental stop about 5.875.
INFO - Million share day - huge morning buy spurred action. However, from the trendline, and number of small trades, I would guess there will be a selloff Monday, and for the next three days, one should be able to enter between 6.125 and 6.5 with a limit entry.
CEXP - it needs to stay above 10.5, but f it can hurdle 11.125 should continue up. Its had a minor reversal though, and the lower number is the one to watch to see if it can recover.
Position Trading - Right now PNF looks to be basing, and IPIC may be peaked. I may set some close stops or market exits - see tomorrow's list for my new candidates.
Fund Buys - I post these because they generally bring the price up in a week or so. No necessarily huge % jumps, but usually good for a couple of bucks for every $35 share price. Thanks for the recap Sue.
UC Slug - yea, I lose money all the time, but hey, I don't like to brag...
One more thought on Stops - I use them because I can't watch the ticker. When the market is going through horizontal corrections and volatile upswings, I tend to relax them (or remove and take some chances - not advised). The only stops I have had filled disconcertingly was on the NAS. NYSE and AMEX have never been unreasonable given the action.
lastshadow |
