Thursday, January 24, 2008

20080124 PM

DJIA 12,378.61 108.44
NASDAQ 2,360.92 44.51
S&P 500 1,352.07 13.47

ANO 3.61 +.4. Looks to soon test mid-4s.
SIGM 45.81 +3.94. Plan to stay long for a few days. Look for 52 then maybe 59.
COP 74.47 +2.74. Counter-trend bounce, especially considering sinking price of oil.
AKNS 8.13 +1.08. Squeezed up the last two hours. Ended at high of day. Shorts are trapped. Watch how it handles 9.5.
SOLF 16.15 +.66. Intraday reversed off low of 14.3. Today could have stopped the downtrend for now.
GMO 9.83 +.33. Closed long position today at 9.8.
MELI 56.64 +6.62. Bought today. Supposedly Cramer mentioned this name on his evening show today. December 27 high was 81.17. Next target is 65.5. It had great volume at 81.

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