Wednesday, February 07, 2007

STILL WAITING ON HOLX, SNUCK IN ON AGR

Patience is a virtue, but a pain in the @$$ when waiting for an uptrend to continue. HOLX just doesn't seem to want to make the move up yet. Oh, well. Rome wasn't built in a day.

I just couldn't resist jumping in on AGR today since I hope it will bounce of the 50 day moving average after the big "gap-up" in early December through the $19.50 mark. I bought Jun $22.50 calls for $0.80. We shall see how they do.

DIVX keeps dabbling around too, so I will have to see what happens with it.

TAM has put out a "doji" candlestick. If the stock rises tomorrow, it should head back up a few $$.

For those of you holding onto ICE, it may break the upward channel in its trendline with another big move like today's. This could me the top of the run for ICE.

LTM also put out a doji candlestick and has garnered support around $53. Watch for an upward price movement.

So my buy potentials are: TAM, LTM, DIVX. Already in on AGR.

Buying LQDT. Just look at the charts and see if you can figure out why.

Possibly selling ICE if there is a big run up soon.

Good luck trading.
JD

p.s. HSR may be ready to make another run.

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