Good morning, my name is Ugly, and I am a loser. I have it in me to do serious financial damage to my account.

STNR has a pretty steady up trend and looks like it might make some new all-time highs soon.
USNA broke out to new highs with good earnings news.
And I mentioned TRGL.
Similar stocks, GDP and RES, look good to me also.

Will YHOO trade under its 200dma for the first time since Oct ‘02? I think so. It will be worth watching – kind of like when you are driving and notice that your odometer is about to flip to a new round number.

SNIC is one to watch for shorting.
I think the timing is right to short TACT.

As you can see from the chart of the Nasdaq, the 200dma and the trendline meet at about the psychologically important round number 2000. A lot of people are going to be watching to see what happens here:

Let me just take a moment to say how much I truly love Roger Nusbaum’s blog.

BECOME MY APPRENTICE! (only 22 days left to apply!)

* user agreement — how to use ugly picks ——————– day 37
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This entry was posted on Wednesday, February 9th, 2005 at 11:20 pm and is filed under stocks. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

Good morning, my name is Ugly, and I am a loser. I have it in me to do serious financial damage to my account.

STST looks good.
ASR had a nice move today to a new high and is worth watching.
BMHC is a good, strong stock. I would like to own it, but I prefer to buy moves like this on no news.
It should be noted that AAPL made another new all-time high.

HANS got the sh@t kicked out of it today, but has not yet broken its trendline. A big down move like that, though, could do it. It would not be as much fun cutting a winner like HANS from the portfolio as it is losers like BWLD. I like cutting out the red and leaving the green, but when it’s time to step up to the plate, you’ve got to swing the bat.
Day and swing traders can watch for the time to short DDDC.

Watch $10 on CALM – if it breaks, it will calm down.
In this case, the large block trade today on FLML looks bad to me, and I think the timing may be right to short it now.

Let me just take a moment to say how much I truly love Kaushik Gala’s blog.

BECOME MY APPRENTICE! (only 23 days left to apply!)

* user agreement — how to use ugly picks ——————– day 36
posted to stocks

This entry was posted on Wednesday, February 9th, 2005 at 12:45 am and is filed under stocks. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.