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Technology Stocks : Full Disclosure Trading -- Ignore unavailable to you. Want to Upgrade?

To: Chartgod who wrote (11724)	6/26/2008 12:40:25 PM
From: The Ox	Respond to of 13403

OT: Short term trading on CCUR: My initial reaction is to pull the trigger often with CCUR flips. It appears that each 5 or 6 cent push up is met with solid selling. At some point this will change but until it does, no reason not to play the range, imo, as long as you understand the risks involved!! I don't think we've seen enough volume to change the range. Buying below 62 and selling at 65/66 rakes in 5% each time, fwiw.... Keeping in mind that the range can change at any time, I would lean toward a lower range going forward as time goes by...buying at 59 and selling at 63/65. The reason I lean toward a lower range is just the long term trend pushing down on CCUR. While a bottom looks like its forming, there is no reason to believe a bottom is at this stage and recent history suggests there will be another low set down the road. EDIT: keeping in mind that a pop above 80 cents is very possible at some point.... Good luck!