September 29, 2004

Ugly Picks

The image “http://www.arrove.com/logo.gif” cannot be displayed, because it contains errors. BABY broke out a new 52-week high and looks to go higher.
LGF is one to watch. It has gone up steadily since last June when it broke out. Today's intraday chart is an interesting one. It gapped and traded down at the open and ended the day near its high.
JUPM is another that broke out last year and just doesn't want to stop. It always seems to find support at its 30-week moving average.
GMK from the Food Products sector looks good too.
In tribute to Dave Jennings, after spending about 10 years trading between $50-$100, once ALX broke out the round number 100 - it went to 200 very quickly. Now how long to $300?

In Karate class today, my sensei told us that there is a two part move that will kill a person easily everytime but he said he won't teach it to us at this level. I am eager to learn how to run quickly over the top of a lake or how to glide to the top of the roof like they do in Crouching Tiger, Hidden Dragon.

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