Thursday, February 03, 2005

Loser LIst February 3, 2005

A short list today.

ADAM seems to find bids around 5.5-5.7. More upside?
ATVI will drop to the top of the gap at 23 and rise again. Buy with a stop under 23?
Galatime's FBR straddle looks intriguing as well.

I'm not exactly sure why the list is so short some days. While there just may not be many set-ups, some days I suspect that its me. I tend to be pretty discretionary; perhaps more mechanical criteria might yield a more even distribution of possible set-ups. Some days everything looks like a possible play to me, other days almost nothing. Hopefully if I'm aware of this tendency, I can keep it from being a problem.

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