Monday, April 30, 2007

Plays for May 1

One long for tomorrow.

WFR 54.88 at support level of mid-March

Today's plays: AFFX did not fire, NNRF +15%


After observing the Ameritrade Motion Detector last week, I tried my hand today at three momo plays from Detector.
Bought NXXI 2.01 got as high as 2.10 and ended at 1.96 so I'm down some. It was a breakout on the daily so I'm hoping it'll continue higher.
Bought GROW 26.95 and got stopped out at 28.04 for +1.09 that's the way it's suppose to work.
Bought CHAP 70.99 , got as high as 73.22, close at 70.55. Down a little.

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