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Microcap & Penny Stocks : Rat dog micro-cap picks... -- Ignore unavailable to you. Want to Upgrade?

To: Mark Konrad who wrote (40673)	8/10/2009 1:53:33 PM
From: Mark Konrad	Read Replies (2) \| Respond to of 48463

Nice downturns in techs and miners...hoping a steady drop continues to work off short-term overbought conditions. Previously sold remaining HL position above 3.40, looking to go long again around 3 or when stochastics cross and RSI is well below 50 again. Currently out of all miners. See chart: one.realtimestockquote.com Waiting to buy miners: GDX, FCX, HL, etc. Bought a few techs today: FLEX, JDSU, ONNN, RFMD, TQNT-all with close stops (avg 3%). Took profits on Fri and today on SANM and SIMG, but still holding about half of each (SANM was more than a double). SANM looks short-term overbought right now, SIMG still looks attractive to accumulate but is technically overbought and could easily drop back down to 2.35 or so if the rest of the market tanks. As of right now, only ONNN and SIMG are green. TQNT is flat, the others are off less than 1%. Further weakness towards the close will likely cause me to move even more to cash and let the market continue a much-needed correction and consolidation. All imo--MK-- edit-also liquidated VSH long initiated on Friday for virtually no gain--MK--