BluelightNewsletter

Disclaimer: My personnal opinion is for your entertainment only & should not be used as advice on your decision. I may sell or buy (to cover) my holding according to the market movement. I am not a licensed financial advisor. Please always do your own DD. Set protective stops & not be too greedy. You are responsible for your own decision. I wish you good luck trading. -Blue

Monday, June 16, 2008

Some review of recent longs

Today DOW closed down a little bit@ 12269(-0.31%). Here's some review of recent long plays:

  1. CMED, reached 39.72 on Jun 2, called(Bounce play: CMED@35.95 Target:36.3, 37.2, 37.8 stop: 35 -May27)//passed 3rd target.//Once up +10.5% within 5 trading days. // it ran higher to 41.17 on Jun 13 due to its strong ER on Jun 12.
  2. IPI, reached 63.85 today, now 62.4(+4%), called(Bot IPI@45.5, Target:46.25, 47.3, 48.1 stop:44 //ER on June 2 -May28) )//Once up +40.3% within 14 trading days.
  3. POT, set new high 232.74 today, now 230.13(+1.77%), called(POT & MOS looking bullish for near/term, selling target @MA10 -May28) //once up about $34+, or +17.2% within 14 trading days
  4. MOS, set new high 157.05 today, now 153.44(+0.08%), called(POT & MOS looking bullish for near/term, selling target @MA10 -May28) //once up about $37+, or +30.9% within 14 trading days
  5. LNN, reached 129.49 today, now 129.15(+2.65%), called(LNN now bullish@ 125 -Jun13)//ER 8:00am this Wedn.//Once up +3.6% within 2 trading days.
  6. ICO, reached 12.69 today, now 12.16(+1.84%), called(Bullish play: ICO@11.78, or wait to buy if pulling back -Jun 13)//Once up +7.7% within 2 trading days.
  7. RSOL, reached 6.64 today, now 6.58(+9.48%), called(Bottom-fishing: RSOL@6, Target:6.5, 6.68, 7.5 stop: 5.7 -Jun13)//Once up +10.6% within 2 trading days.
  8. SOLF, reached 21.76 today, now 21.59(+15.21%), called in last Friday's update(Long candidate for next Mon: SOLF, now 18.74, target: 19.5, 20.1, 21.5 stop: 17.7 -Jun13)//Once up +16.1% within 2 trading days.