Monday, January 31, 2005

Loser List

First two are breakout picks
ADAM above 6
ASTM buy above open 3.45

Next two might be buyable dips for a longer term timeframe
FRE above 65
PCL above 35 or so

Next six are definitely trying to bottom fish-should probably fade me on these;>)
GLG may be finding support at 15.5 or thereabouts
MNG also may be finding support at 1.0-1.1
RIC ditto above 4
VGZ may be also have support at 3.7
SU at 31.5 time for a bounce?
CREE may have found some support at 23.5-24, but I've been wrong on this one before. You should probably check out Thomas Ott at Sixth World on this one, he's had it right and I've had it wrong.

And some odds and ends
GLOW uptrend with a pullback--buy at 2
IDTI has risen right to 200d at 11.77 and congestion. Could go up or down.
OSTK might have found support at 52
SEGU seems to get a bid everytime gets to 7

1 comment:

Anonymous said...

It looks like CREE has found some support right now. I'd keep an eye on it though.

Tom @ SW