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Equity curve for Trading System no2.

382% Model portfolio performance for 2005!


 
Out of the Gate - Opening Bell
at 2006-03-22 12:07:08

AXYX - $1.20, down .01. All systems were a go, but, it looks like the stock is going to pull back anyway. Look for support at $1.18 initially. Despite this early setback I see the stock heading higher today. Resistance will be at $1.25 initially.

MZ - $1.54, up .02. The stock is moving up, as expected. It has taken care of the resistance we had at $1.52 yesterday afternoon already, and should be headed into the $1.55 to $1.59 area soon.

SGEN - $5.44, down .09. The stock is starting off a little weaker here at the open. If it does not rally soon, I would expect some sideways trading today, most likely in the $5.40's to $5.50's. Resistance will be at $5.60 on the way up, initially.

SPSC - $.96, unchanged. Looking to see if the stock maintains yesterday's low (.95), or heads down to .91 support, as I am expecting. Resistance will be at .99.

There has not been any news for the stocks that we follow, so far this morning.



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