Ugly Picks
Dear Diary,
BFAM was up despite the market. It has a nice steady up trend since the beginning of 2003.
One month ago I mentioned KYPH - it had a nice move today. I think you would be lucky to get it anywhere close to its breakout point of $30 now.
Once the strongest in the market, FORD took a big hit today.
My ERS also.
FORD, like a lot of other recent hot symbols, broke down below CCI -100, which is bearish.
Looks like it could be time to short some more TASR.
The artist formerly known as NSI is now named NTRI and traded on the Nasdaq.
CDIS can go to $100, the question is - will it?
You think these picks look good? - You should check out this!
Don't forget to vote off a stock market blog remainder!
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Comments
Hello Master Ugly, time has come for the market to go down. If today(Friday) we do not close up on stocks market with high volume, the correction has started. I have only one indicator that has not given a sell signal. I am sure by today it will; this down trend might last around 2 months.
Good luck
Thundersforever
Posted by: Anonymous at June 24, 2005 04:14 AM
Hey Thundersforever, how have you been?
You were right-on the last time you said the market would go up. Today's huge block trades on the QQQQ makes me think you will be right again. We'll see...
Posted by: Ugly at June 24, 2005 04:13 PM
Hi there, I have been very busy at work; I have had no time to even post or work on my web site. My lagging indicator today gave the final sell sign. My view on the market is that we will go through a correction and not a bear market. Here is a request for you, if you would please post about day traders burn out. Day trading is very demanding and can create stress. How can we alleviate this stress and be able to clear our mind.
Peace my friend, I will try to pop in and post on important events.
Thundersforever
Posted by: Anonymous at June 24, 2005 07:03 PM
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