Thursday, January 03, 2008

LOGI gives me 5% in 25 days

LOGI triggered my MH system on Dec. 4th with a buy price of $34.84 and my target was $36.58. It took a while to gain that 5%, but I did it in less than a month.

CRZO has slid sideways during the downturn in late December. Now that the price of oil per barrel is back on the rise, so is CRZO. Remember, the target is just over $61.00.

ATW is still too pretty to let go. Still have not found a resistance point yet.

Today, I added a couple of stocks that hit my "A system." Those are HITT and AMZN. The trigger for HITT was actually triggered on Dec. 26th and I see the stock creating a bull flag and potentially creating a handle in a cup-with-handle formation.

AMZN to passed a resistance point near $95 in strong volume yesterday (Jan. 2, 2008) and bucked the downtrend in the general market. Got in today at$94.82. This one triggered my MH system and so I am setting a 5% profit target.

GOOD LUCK TRADING.
JD

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