PWAV at 2005-11-12 23:55:02
Bought PWAV at 13.07 after it broke the 13 resistance on high volume. QCOM is holding steady at 44.65. A slight pullback before going after the mid 45 resistance wouldn't surprise me.
Evening Update: Sold PWAV at 13.40 for a nice, quick profit. I usually hold for more than one day, but I am always weary of stocks Cramer pumps. While I haven't tested it, they seem to have a tendancy to fall a few days after the pump.
My only holding is QCOM. Hoping it can get close to the resistance point tomorrow. I am worried about the Nasdaq and market in general pulling back after this past week, so I will likely sell on any strength.
Stockwatch for Tuesday: BOOM reports tomorrow. With the recent runup, I wouldn't be surprised to see a selloff.
ESLR: Watch for it to come in a bit.
CUTR: RSI Divergence?
CHK: Price getting attractive. Gut feel, not technicals. Play the hot versus cold winter game.
GME: Broadening consolidition suggests selling pressure unless a catalyst for buyers. Short?
CHL: China Mobile. Good China play. Solid uptrend with healthy pullback.
AOB, QDEL, CMED, YHOO, COH and Monday's list.
Thinking Out Loud, No Stocks Allowed:
*Another great episode of Prison Break. Loved the line: Darwin wins in these walls, not Einstein. This line could be applied to the markets as well. It's survival of the fittest, not always the smartest. *Glad to see Philly finally stood up to TO. Good riddance. *Bush requiring his team to attend eithics classes . . .that headline just made me laugh.
*Just got a Bose system hooked up to my computer . . .Death Cab for Cutie never sounded so good. *My wife always gets on me for making CD's that are so eclectic. The current CD has the following artists: Death Cab for Cutie, DMX, 311, the Cure, Matisyahu, Ashanti, Kevin Lyttle, Amy Lee, Linkin Park, Shins, and Peter Gabriel. She's going to love this one ;)
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