Monday, July 9, 2007

Plays for July 10

One long for tomorrow.

WWAT 1.55 octbb

Chasing momo:
FFHL in 8.30 out 8.04 got caught in a hard first pullback

TASR in 14.45 out 15.17 entry was good but stop was too tight, finished at 17.20

JNJ in 63.25 out 63.05 shared buy back news got sold off

IVN in 16.93 out 16.91

DOW in 46.77 out 46.88 the move didn't stick

COP in 82.72 still holding, share buyback news broke out to all time high in a strong sector so holding for a swing trade.

Sold CAL at 37.90

GROW still holding with a stop at break even.

Watchlist:
SIMO broke out on healthy volume, look for continuation

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