Busy Day, Three Trades and Wednesday's Stockwatch at 2005-12-12 18:19:40
Rough day to trade with a busy day at work, having to come home to pick up my sick daughter and trying to manage my postions. Still made three moves. Sold QCOM at 45.14 for a 3.6 percent gain ($600). Dismissed technicals and went with gut to take position in CHK at 38.60. Planned to hold for a few days thinking it will crack $30, but the stock jumped to 39.15 within an hour so I sold to take a quick 1.4 percent gain. If it pulls back, I'd like to take another position. Keep buying and selling CHK based on weakness and strengh. Next took a position in HHH (internet holders trust) at 63.95, which I am currently holding.
Stockwatch for Wednesday (click link to see charts):
Charts for apcs, bits, abix, givn, mmus, mpwr, morn, expe, rmbs, pwav
Charts for cmed, chk, aob, qdel, eslr, cutr, yhoo, coh, lwsn, qcom
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