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Tuesday, November 25, 2003
Good evening friends,
Another very good day for our bulletin stocks even as the market traded flat. The Dow was up a mere 16 points and the NASDAQ ran into some trouble as it neared that 1960 resistance level I spoke of last night. Once it got close to that resistance it promptly turned back and closed the day down 4 points. Bulletin stocks ARIA and AXO were green today for us. Some of the biggest winners were TMWD, AKAM, CLHB, SCON and NENG.
Today I sent many alerts starting with our buy on TMWD at 8.15 as it powered past the buy point and closed near the high of the day at 8.57. Follow through is expected tomorrow if the market doesn't sell off before the holiday. Set your stops to protect profits if we start to sell off.
CLHB raced up over the $8.00 mark today and we just bought this yesterday at 7.10. I had to lock in a profit of 15% with a sell stop at 8.15 as this stock sold off in early afternoon. (Turns out it was just a shakeout because it closed at 8.13).
SCON had a great two-day run and I sold half my position at 7.30 today for a 21% gain (we bought this at 6.02). I still own half in case it keeps going and I think that is very possible at this point.
Please pay close attention to the stops I have recommended today in the alerts section web the website. If the market sells off, we'll want to take some cash off the table. The Friday after Thanksgiving is only a half-day of trading and volume will be light. Traditionally, that day is normally an up day for the markets but it is always suspect because of the low volume. Next Monday, December 1st should be a key directional day for the market and we can better evaluate where we are going at that time. Keep some cash on hand to play any pullbacks.
December should be a good month and I expect NASDAQ to reach 1998 again before the end of the year. Have a happy Thanksgiving everyone, I'll see you Thursday evening with a brief commentary for Friday's half day of trading. I'll be back with a full Bulletin Sunday evening.
Flash back July 1st Bulletin
New Today ONT 7/1/03 Comments = buy point 1.30 see chart..
This stock proceeded up to a high of 4.50 five trading days later, a 300%+ gain
Reminder 1: The market will be open a half day on Friday November 28. I will not be publishing a Bulletin on Thanksgiving evening. However I will send out a brief commentary. If I find any hot stocks that may be ready to move, I'll list them in the commentary. I will be out of town and will not available for trading on Friday November 28 so there will be no alerts sent that day.
Reminder 2: I will not be available for trading on Dec 2nd or Dec 5th. On these days, I will not be on message boards or sending alerts so please pay close attention to buy points in the Bulletin.
Note: Friends, there are many people out there who won't even have a meal this
Thanksgiving. Please, find it in your hearts to donate some canned goods, potatoes, rolls or
even a turkey to your local food bank. Let's help the less fortunate to be a little happier this
Holiday Season. Your donations will be greatly appreciated by those who receive them. Thank-you.
Earnings Calendar.
http://biz.yahoo.com/research/earncal/20031023.htm...
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