Wednesday, April 06, 2005

Longs for Tomorrow

Market gave another distribution day today on the Nasdaq. So, as always, 3 out of 4 stocks follow market. But since my longs have been doing OK, I will continue to play the long side also.

ISRG breakout today from a flat base

AMHC needs a p/b to 36.15. Breakout from four month base

CERN p/b to 54.75 go long. Breakout from four month base

SIGI had a high volume bounce off its 50dma. It has shown a lot of accumulation since Feb. A new high looks to be coming soon.

CQB strong BOP. Showing lots of accumulation recently within a solid uptrend. New highs looks very probable.

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