Friday, January 28, 2005

1/25/2005

Well the market gave up what it give on Tues and Wed. This will definitely be a down month for the major index. Today, no trades initiated just watch the market creep slowly down. I guess the market is patiently waiting for the Iraq election, then the FOMC and more company earnings numbers before further movement. Ccmp continues to move slowly up, but do not know why. Why would a company with neg. rev and projected neg. inc. be increasing? I believe the shorts are still covering, but reality will soon set in. Cree, I will dump maybe next week for a lost.

Trade: none
Watch: depends on what happen over the weekend
Current Position:
insp +2.0/share
ccmp -1.25/share
aapl +11/share
cree -11/share
plmo -3.55/share

0 Comments:

Post a Comment

<< Home

Blog Buddies