Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

Trade Ideas for Friday, September 21, 2007
Here are several trade ideas to work with for today....

Add to: ATRO, AXYS, BKR, MPWR

New Buys: VSEC (rebuy)

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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 (September 20, 2007)

New Buys: AATI, AERO (rebought), AEY, APPY, BMI, SHOR, ZINC

Added to: ARCI, ARTW (nice bounce off the 50 day MA), CREE, EHTH, MHJ, MPWR, SIMC, SLP

Watching: JRJC (I feel as if it is too over extended for a buy. I'll watch and see if it comes down a bit before I buy


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Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor


Almost...
Today was almost the continuation of the next leg/chapter of the primary uptrend that began back in the early spring of 2003. I say "almost" because although we closed right above the 50 day MA (the DJIA), we still didn't end up breaking out on high volume either. Also, there still aren't that many healthy bases appearing in stocks either. There are a few breakouts here and there, but nothing that exciting. Most of my stocks did just fine today and for the whole week. There were a few of them that did act up though. MHJ and HMSY did not act as well as I would have liked. Still, others such as NWK, SIMC, SLI, and TOD did just fine. Some of my top winners are taking short breaks and consolidating for a little (such as BKR and MPWR). Still, even their charts still look good and as long as the market doesn't flop and break down again, I'm sure they will fare just fine. For now, enjoy the weekend. I will try and post a few new longs for the weekend. I will also try to do some further analysis on some current holdings and see which ones I should add to and which ones I will sell.


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Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor
Despite The Weak Market Action, Several Stocks Seem Resilient
Here is a tentative list of some stocks that seem to be bucking today's negative market action: CVGW, ARTW, BKR, SILC, ALVR, JNPR, PRKR, MPWR, NUAN, MFE

BKR


Very positive breakout action with robust volume to back it up. This is exactly what I like to see in a strong stock.

SILC


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Stocks to Watch Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

Stocks to Keep an Eye On...
Here are several stocks that you should simply keep an eye on. Buy them up if you would like at your own risk. Remember to keep any new buys small. Technically, one should be patient and not risk cash on either the long or short side at the moment, but sometimes several bullish charts emerge when you least expect them...

Keep an eye on:

NUAN
VMW (recent IPO)
VII (already recommended)
MPWR ( already recommended)
CVGW (good add on point)
CCOI
WLDN
FOSL
SURW
KOP
PLX (very volatile...risky play)
ETC (bottoming out)
PEGA
ARTW (bouncing off of the 50 day MA)

My Ambitions as a Trader and Investor is not a registered investment advisor. Please read the complete Small Cap Stocks Blog Disclaimer

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