Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

Frustrating Action...

Today wasn't a good day. For the most part the markets kept me frustrated all the way into the close. Many of my new trade ideas blew up on me. I stopped out on LFT after an ugly reversal. I was actually able to get in at a good price (32.59) and bailed out at 30.20 for a 7.33% loss. So much for that stock. On the flipside, there were several current holdings in the 'folio that did just fine. These stocks are the cream of the crop and boast the strongest RS in comparison to all the other stocks within the U.S.stock market. The one thing that has me a bit uneasy is the fact that I haven't really found any new high quality stocks to buy. Sure there are still plenty of lower-priced speculative issues floating around but nothing to really get me excited about buying. The amount of negative reversals has me a little queasy as well. I may just be over analyzing the situation though. We'll have to wait and see how the week ends. Keep an eye on earnings for ASIA and CRDC for tomorrow. ASIA already reported earnings and CRDC is due to let the new spill tomorrow morning.

Stocks that Did Well: APPY, AXYS, BIOS, CRDC, HNSN, KHD

Added To: AXYS, BIOS

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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

End of the Day Recap/Stock Picks and Trade Ideas for Tuesday October 23, 2007

Just when the situation looked ready to get super ugly, the markets put in a surprise positive reversal. The reversal was most likely a combination of dip-buying traders and positive tech sector earnings reports. Still, the tech saturated bounce was more then enough get the DJIA involved in a little positive action. At the moment it is still too early to tell if this will be a failed attempt or a successful one in refueling the rally. More action and hints toward an actual direction will be needed. Until then we'll have to get used to some sideways (wave-like) action.

New Long Ideas: CRDC (very volatile and risky-but at a good low-risk buy point), CYBS (if you didn't grab today it is still a good buy), GSB

Add To: HNSN, JOBS, LULU, PGI

Sells: ALLI, GVP, SYNP


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Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

Not Too Shabby...

Although the DJIA was down once again, the NASDAQ was able to pull itself up and close over 20 points. For the past few trading sessions there have been hints that have indicated that the NASDAQ would be the stronger index so today's action does not come as a surprise. It will be interesting to see how the week ends.

New Buys: ALGT, PSMT (rebuy), SHI, WBD

Strong Stocks: ACTU, AXYS, EXLS, FRM, HNSN, KHD, NTCT, RBN, SQNM


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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 for Tuesday October 16, 2007

New Buys: IPGP

Added To: APPY, CRN, EXLS, HNSN, RBN, RICK

Sold for Profit: ANW (64%), APPY (sold 25% of position for 124% profit)

Sold for Loss: WBMD (-8%)


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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 Friday, October 5, 2007

New Buy Ideas: APFC, HNSN, KNDL, KOP, MORN, OEH, OIIM, PHI, POSS, PRXL, SPW

Add to: APPY, BLUD, EXLS, HA, LGTY, MCZ, NG, SGN, SIGM, SLI, SYNT, TISI

Time to Sell: MPWR, SSRX

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