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 11, 2007

New Buy Ideas: ESEA (rebuy), EXH, FLWS, FREE (rebuy), IXYS, LNOP (rebuy), MEA, SEA (rebuy), TRMD

Speculative Buy Ideas: SEED

Add To: ARTW, CU, ITRI, KOP, MEAS, SHOR, VMI, VSEC, WBMD


I will post new stock buys and add-ons tomorrow morning. I've had a long day today (just tired) and I am really out it. Later.

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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..
The markets continued to echo the effects of yesterdays rate cut as they continued to rally, closing up +76 points for the DJIA, +9.25 for the S&P and up +14.82 for the NASDAQ. Even the Russell 2000 has climbed back up on its 200 day MA. A few weeks ago, the Russell 2000 was looking like a mess.
Stocks I Added to: ARCI, BW, FALC, FRM, MEAS, MHJ, OMTR, SLP, SIMC

Stock I should've added more to: EHTH (beautiful chart by the way)

New Buys: CREE, DGIT

Watching: INXI (looking for a dip before the real possible breakout)


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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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