Stock Ramblings:
MUEI - nice move past few days, got over 16, could run to 18-20, could be the start of something a lot bigger: check out this recents news item: dailynews.yahoo.com.
BAY - sold BAY for Zport yest, as ron said, stock is a loser. held tooooooooooo long. Dan likes the stock for good bounce here, I just decided to kick out the jams
OXY- the story is great, am holding in personal account, sold in Zport. Stock is a slow mover and the portfolio is designed to be more dynamic - either way.
FRO- stock traded down to support yesterday at 29.50. earnings released today, a little ahead of expectations. stock looks great for entry here to trade to 33 area, or for long term hold
CPQ - Z and me bot yest at 28 7/8. STock broke out of mid 20's trading range, and, given the current strength in the sector (dell, muei, gtw, etc, plus the chart pattern, think we could see jump in cpq to low to mid 30's. Dan says next resistance on cpq is 35-36. I concur.
LSI - made nice 2 point move yest, new recovery high, stock could run to 30-32 area, at which point i will take profits personally
COF - Capital One. Z traded this back in the mid 30's. stock is now 104. DUH. one of the largest credit card issuers, stock has phenomenal results and forward potential. stock goes up 2-3 pts per day. I have owned it in one account or another most of the way up fro 35-40. last bot at 66 and holding and smiling. am thinking of buying more here at 104.
NSCP - great stock. stock jumped from 18-19, ran up to 26. could be attributed to internet craze. stock has recently traded nicely between 23 1/4 and 26 or so. interesting that yesterday when the SEEKS, SCITs, YHOOs etc sold off, nscp was still up 1/4. think nscp is excellent buy for trade below 24 or for investment here.
CD - Cendant - pulling back after rally from sharp decline. this is a quality stock that gotta totally bashed. good for trade if entry near 20, or for investment in this area.
PEP - Pepsi - its the real thing. stock made 2 point jump yesterday. last month stock jumped to 53 area, then spent several weeks digesting that move. think the stock is ready for move from 44 1/2 to 50. would like to buy for Z on any pullback or jump in here.
gotta go. good luck all. larrrry |
