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Thursday, November 06, 2003
Good evening friends,
The NASDAQ made another 52 week high today and closed very strong after lagging for most of the day. We had another great day today, and this has been a very good week for us at TWPD. Let's hope that the NASDAQ making a new high today that it will bring in the buyers tomorrow and take this thing to the 2000 level and beyond.
Tomorrow being Friday, we may see some profit taking before the weekend. Tuesday the market is closed so Monday may be a light day of trading. Bulletin stocks making new highs today included EGLS, NOOF, TIWI, ARTX, GEMS, PRTL, EGOV, EAG, FNSR, SSTR and WGAT.
I hope you were able to participate in the alerts I sent today on TRAC and SSTR; both of these stocks broke out in a big way today. Recall the chart I showed last night on TRAC and why I thought it would go today. This is why it got the # 51 slot on the Bulletin. While we have 50 stocks on the bulletin, # 51 is reserved for only stocks that I feel are going to make an explosive move soon. It opened at 1.65 and past our buy point 1.71 and continued on to a high of 2.10. I also mentioned in comments on SSTR that I thought it would break through its resistance on the next test and it would explode up if it got through it. It opened at 1.42 and blasted through our buy point of 1.52 and continued on up to a high of 1.86. These are very good moves for one day. I also sold ½ my remaining position in EAG for a 205% profit which I bought at .66 and sold in pre market today at 2.04. I now have one block left at the cost of 1.23.
There are so many stocks looking good, we could have 75 on the bulletin but that is getting out of hand. We can only monitor so many effectively. I have over 200 stocks on my screens now during the day. It's a massive task to try to keep up with them all. I try to bring you the stocks I think will make the most percentage moves going forward each night on the bulletin. There are still a few under a buck that I think can move well in time but they are not ready just yet (such as PMU, WBR and BCON). These haven't moved at all for us but if I drop them from our list, we may miss the move that I think will come. There are many stocks in the 5.00 - 7.00 range that look very good here. I will have them for you when we can drop some of our current stocks. I plan to sell a few tomorrow before the weekend so be at the ready for some sell alerts tomorrow. Have a great night; I'll see you Sunday evening.
NOTE, There will be no Bulletin Monday evening because the market will be closed for Veterans Day.
Flash back Aug 14th Bulletin
8/14/03 IVAN New today Comments = I like it right here, buy now 1.00
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