11/09/2006

Up and down

The market is doing a great job after three days of rally. It is in whipsaw territory currently. Not many stocks showing up on my scans, but the earning based breakouts continue to offer some good plays. It never is easy, I got whipsawed by the move in GIGM, but that is all part of the game. For every GIGM, there are others like BWLD, LNN, LVS, SRVY, GMKT etc. which have rocketed post earnings.

Added couple of positions today and reduced exposure to some things like BWLD and LNN which had popped a lot in last couple of weeks. Here are some stocks from today's breakouts, I have positions in or looking at adding.

AMKR,Amkor Technology Inc
BGP,Borders Group Inc
BMC,Bmc Software Inc
CELL,Brightpoint Inc
FNET,FortuNet
GMKT,GMarket Inc
GROW,U.S. Global Invest Inc A
GT,Goodyear Tire&Rubber Co
ISIS,Isis Pharmaceuticals Inc
MLR,Miller Industries Inc
PARD,Poniard Pharmaceuticals
STEC,Simple Technology Inc
THS,TreeHouse Foods Inc
TRT,Trio-Tech Internat
URBN,Urban Outfitters Inc

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