Archive for December, 2007

Watch List - VGZ, FMCN, AGU, STLD, WFR, EDU

Posted on December 24th, 2007 in Long Trade | No Comments »

[[VGZ]] Tested swing point from 9/26 and successfully bounced. I need to see this push past $5.25 with more volume.

[[FMCN]] just added to NASDAQ 100 on Friday. Look good from here at $58 will now want to test $66.

[[AGU]] good agriculture play for 2008.

[[STLD]] I’m entering this on Monday.

[[WFR]] is such a good stock. It has been forming a base for the past 6 months and broke out huge 2 months ago. I would wait for a retrace to the 9 EM.

[[EDU]] a found support at $75. Wants to run up to $92 to break past old high.

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End of Year Trade Ideas - FDRY, FSLR, ISRG, SIRF

Posted on December 23rd, 2007 in Stock Market | No Comments »

Some of the tech stocks are performing well like RIMM [[RIMM]] on Friday after great earnings. Here are some ideas to trade on.

[[FDRY]] Foundry Network. FDRY tested the swing high on April 27 on lighter volume and both price and volume have been increasing the last few days. I see this going up to at least $20.50.


[[FSLR]] First Solar is a strong stock. Price bounced off the $220 range and keeps moving higher. Volume on Friday was good.

[[ISRG]] Intuitive Surgical. I have been in at $290 but added another position at $308 a few days ago. I expect it may consolidate around around$330 but then head up to $360.

[[SIRF]] SiRF Technology Holdings. They make the GPS chips in most of the GPS manufacturers. It has been beaten down from Feb to Sept but is now finding strength. I love stocks which have a high volume high because the stock will always head back up to test that. So on 10/31 there is a high at $29.85. I would enter this stock if it close above $25 on more than 2.33 million shares.

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Trade: Closed Short on XLF, Long GME and ACH

Posted on December 6th, 2007 in Long Trade | No Comments »

I closed my short on as it is doing a counter trend bounce up to test the $31-32 price.

Entered long on GME [[GME]] and ACH [[ach]] all technicals look strong and the market will likely go up until next Tuesday Dec 11 when Bernanke speaks about rates.

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