Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

Stock Picks and Trade Ideas for Thursday October 25, 2007

New Long Ideas: ARCI (rebuy), CSV, CVS, GVP (rebuy), HLIT, MFW (rebuy), OTEX, SPIR, WRLS (rebuy)

Speculative/Risky Long Ideas: GBT, LFT, PVD, SCON, VGZ, XPL

Add to: ACTU, AIRM, APPY, ARTG, ASIA, AUTH, BIOS, BKE, EDAC, EXLS, FRM, HNSN, RBN


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Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

Trade Journal: Taking Some Profits/Taking Some Losses

Lets face it, yesterday (Friday October 19, 2007) was brutal. The negative action forced me to stop out and cut my losses on many of my positions. In addition, it has also forced me to come to the realization that I have to take profits in order to preserve my gains. Despite the crazy action there are still plenty of stocks that I am holding onto. I will continue to hold onto these decent positions unless I am forced to sell them. True to my strategy I never hold onto a loss if it falls to down 8% from where I bought it (well at least I try to stick to it). This strategy helps me contain my losses to small amounts.



New Buy: SYNP (rebuy)





Add To: BIDZ, LULU



Hold: AATI, ABX, ACCL, AEM, AEY, AIRM, ALLI, ALXN, APPY, ARTW, AXYS, BIDZ, BW, CATS, CF, CFSG, CLDA, CU, CVGW, FALC, FRM, GHM, GOLD, HA, HMSY, IEP, INXI, JASO, JST, KOP LKQX, LGTY, LULU (so far up 116%), MCZ, MVG, NEOG, NG, NUAN, NTCT, OMTR, PMFG, SHEN, SHOR, SLI, SIL, SQNM, SYUT, TLEO, TOD, TRAK, TWTI, VCO, VMW, VSEC, WAT



Sold for Profit: ARCI (sold the rest of my position for a 10.86 gain), ATRO (+4.8%), BCSI (+24.63%), BKR (+6.22%), BOOM (+7.8%), BPHX (38.04%), CMED (+19.6%), DSX (+43.8%), EHTH (+11.27%), EXM (+57.9%), FARO (+39.34%), GME (+9.9%), HEW (+4.16%), ISRG (+36%), ITRI (+5.95%), LDSH (11.11%), MEAS (+11%), OMCL (8.70%), OI (#.6%), PAS (sold the rest of my position: 15.6%), PENX (+41%), QEPC (+19.27%), RBN (+46.56%), RESP (+2.9%), RGLD (+.65%), SIMC (+54%), SNCR (+12.50%), SNDA (+15.20), STRA (+6.87), STRL (7.6%), SYNT (+11.14%), TTES (+6.75%), TWI (+73.68%), VDSI (+47.4%), WRLS (+80.7%)



Sold for Loss: ACM (-6.44%), CREE (-8.20%), CROX (-1.41%), DGIT (-1/05%), FMCN (-2.75%), HLF (-2.62%), GNET (-6.20%), IFSIA (-8.9%), MDCA (-5.30%), ONXX (-4.73%), PRKR (-1.27%), SHMR (-8.7%), SVT (-2.15%), TCN (-7.84%), WLDN (-1.20%)



Sell if: AMAC (sell if it closes below the 50 day MA on above average volume), SILC (so far down 7%. Sell if it closes below the 50 day MA)


* Note: I am not finished posting all the trades. I will try and finish by tomorrow.

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Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor
More of the Same...
As I am writing this, the major indices are starting to lean towards a bullish bias as more and more investors and traders step in to catch the dips that were created after yesterdays fall. There aren't that many new stocks that I want to buy. For now, I may just simply continue to add to my holdings that are faring well. BKR, CVGW, and SLI continue to impress me. These three stocks are showing very strong setups.

Some other nice setups can be found in stocks such as AIRM, MEAS, TWTI


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