Thomas, sorry about the name mix up. I was sending a pm to William Harmond and somehow type his name in place of yours.
Now a belated recap of Friday's activities: bought and sold EPAY several times, picking up a few points. The last play bought at 19, sold some at 20 3/8, holding the rest. Holding all my IPO shares Played UPCOY, nice gain. holding some for Tue Bought CGEE during the dip, 4 1/2, name changed to PFOO (Planet411.com) tomorrow Bought CMOZ 1 7/8 rebought WWWX 3, 3 1/4 rebought MXNT 2 3/16,1/4 sold some VERI 1 5/8,9/16, bought more back at 7/16,1/2 finally sold some GBFE, a long hold for me but very profitable bought HTSF 1.9, thanks Thomas took a chance with HHHP, around 2. Scary stock with only 3 active mms. In fact, there was NO MM at the offer when I wanted to buy; had to call SHRP up just to get them on the offer. The symbol will change to WCLT, a decent website about collectible auctions, on Tuesday. BOWG showing very persistent accumulation, holding Took profit on some PRGY 36 to 37. Bought more back around 31 1/2 missed AWLD bounce Planning to take some losses this time on ADOT tomorrow holding GTCI, GMCH, EDIG, IHTL, IRTG, USSP, ISNI and others
Nasdaq is flashing a weekly "Don't Buy" signal, first time since Oct 98, in my system. A/D and new highs/new lows look miserable and most index very extended. Thus far, Naz is holding above the H&S neckline. Failure to close two consecutive days above the 20 day EMA is a negative. Support is somewhere between 2250 and 2300, but how long it will hold there is the big question. Here is Dave Steckler's charts on the main index: hometown.aol.com
Looking to buy DELL around 83 1/2, strong support at the lower channel. DLQCR is a viable and potentially more lucrative alternative to the common, provided the premiums are not too rich.
Kimberly |