Well quite a week and we made thru triple witching...almost did some shorting on the obvious ones but I stll choose not to...one it's dangerous and two bad kharma dude...ORCL coulda made 6 and a half a share...it happens to the bigs guys buy on rumor sell on news...
10%:
Anyhow, ICGE just went under 30....watch I like it around 25
ELON closer to 30...under 35 start the DCA
RHAT under 20...
CDO under 25 is a buy...
IBAS under 20 looks good watch it...
25% - 36%
PCBM when it hit .10 or if it drops under i think this is now ripe...
VDOT it's time to buy again...hey if EDIG can be 5 VDOT can be 5 and more I believe it's one or two deals away...management is downright smug with regard to TAME...and Northstar may have another huge deal coming up...
Qnet back under .10
EVIS has been on a roll...
LMGR wait for 2.60 or lower
NVEI waiting for NASDQ and test results...been here before and my butt is all puckered...but I'm holding...test come back negative and they don't make NASDQ and it's a dollar stock...this time it ain't gonna happen...expect run up inside a month...
AQCI dips down near .40 buy it...I had a roll but with so few shares I didn't do it...so far I'd have 600 or so free...oh well..I think it's going lower and I'll be buying it again when it does...just got that feeling...
LITH if you got 36% already: sell it...but it may run more so if you want to get more be sure to use your SL but take the @#$%!!profits...only got one day warning on that one...it was already moving this morning...
I'm still ****ed about IFTP...
B2B the gold rush is over...and I sat thru it in PNLK like a complete dufus...that one is taking forever to go...it'll go but when...you and I could be too old to enjoy it...SSB will be making a killing tho...
PPRO could be a buy...PE is lower than all the other guys high PE's 16 is actually pretty low but I remember a time when 18 was my limit...how times change...
VRTL buy down here in the 10's sell for 36% looks to head lower from here watch...
Fuel Cells MCEl and PCTH have my attention HPOW was good but it ran so much there's now a good chance for retrace wait for it and pounce...take profits this is because of oil not on merit as it were...told you about fuel cells a long time ago...I didn't do much either...
DSL are still out of favor even tho' several anal-ysts are calling for a boom...DSL will have huge growth over the next 5 years...if you can hold long term pick a few and but them now while they are out of favor...on a watch list of 16 DSL stocks 13 took a bath today...a blood bath...
MARKET REPORT
************************************
A broad sell-off on Wall Street sent shares plummeting across the board in Friday's session. Investors voted with their feet not content with another round of benign economic data coming out of Washington to assuage their concerns over possibly weak third-quarter earnings.
All major indexes tumbled. Within the small cap sector, the Russell 2000 Index fell 8.33 points, or 1.5%, to 530.88; the S&P 600 dropped 1.49 points, or 0.7%, to 222.92 and the Wilshire 1750 fell by 17.95, or 2%, to 873.81.
In the broader markets, the Dow Jones Industrial Average lost 160.47 points, or 1.5%, to 10927, while the tech-heavy Nasdaq fell 78.62, or 2%, to 3835.23. The broad S&P 500 dropped 15.06 points, or 1%, to 1465.81.
And while more than a few analysts are willing to attribute investor skittishness to third-quarter-earnings worries, at least one analyst says it is more complicated than that.
"There is a manic undercurrent," said Henry Asher, president of Northstar Group, without any one factor attributable to market volatility.
Concerns about foreign currencies specifically the weak Euro and relative valuations add to existing worries about corporate earnings.
A run-up in shares of Oracle Corp. (NASDAQ: ORCL) on Thursday was thought to signal a turn-around in tech stocks, especially given the company's spectacular first-quarter earnings report.
Today, however, Wall Street dabblers resurrected their worries about tech stocks and sent them lower, said Dick Dickson, equities trader at Scott & Stringfellow.
"Tech stocks are fully valued," Dickson said, and investors are skeptical of their ability to perform.
In analyzing the Nasdaq's performance from May through August, Dickson said he sees an unsettling precedent in tech issues. The change in fundamentals he's seen means the Nasdaq will struggle to make any significant gains.
It is within semiconductors, however, that heavy selling can be seen. The Philadelphia Semiconductor Index dropped 30.28, or 3%, to 974.59, with issues such as Advanced Micro Devices Inc. (NASDAQ: AMD) and Micron Technology Inc. (NYSE: MU) taking the biggest hits.
Small-cap semiconductors were down nearly across the board, with Integrated Silicon Solutions Inc. (NASDAQ: ISSI) fell 1 7/16, or 6%, to 22 1/2; Anadigics Inc. (NASDAQ: ANAD) dropped 4 7/8, or 16.3%, to 25; and Exar Corp. (NASDAQ: EXAR) lost 6 5/8, or 6%, to 103 5/16.
Friday morning, the Federal Reserve released its latest figures on August industrial production and capacity utilization. The nation's factories' output rose 0.3%. Analysts expected output to remain flat. July's figure was revised downward to neutral from a 0.4% increase.
Capacity utilization statistics showed an increase to 82.3% from July's revised 82.2%. Analysts had expected August's figure to come in at 82%.
The data affirmed statistics released previously that the economy has slowed, validating the Federal Reserve's policy on bringing the economy in for a "soft landing."
Earlier Friday, the Labor Department reported August consumer prices fell an unexpected 0.1% below analysts' expectations of a 0.2% rise. The core rate what consumer's pay for goods outside the volatile energy and food sectors rose 0.2%, right on-target with forecasts.
Revised figures for July's Consumer Price Index remained steady at 0.2% for both categories.
Separately, the government reported July business inventories rose 0.2%, below analysts' expectations of a 0.5% increase. June's 0.9% rise remained steady.
In Canadian trading, the Toronto Stock Exchange closed lower, after rallying early on. The TSE ended the day down 14.60 points, or 0.1%, to 11063.60, while the Canadian Venture Exchange remains higher, up 38.14 points, or 1%, to 3690.07.
In currency markets, the Canadian dollar gained 0.2% to US$0.6737 from US$0.6722.
In commodities trading, October crude-oil futures climbed $1.93, or 5.7%, to $36 a barrel, while October natural-gas futures jumped 3 cents, or 0.6%, to $5.22. December gold fell 10 cents to was unchanged at $275.90.
NASDAQ / OTC
*********************
Symbol Volume Close Change %Gain Company Name
HAVA 8600 3.75 1.75 87.50 Harvard Industries Inc.
VGTI 64500 1.38 0.50 57.14 Virtgame.com Corp.
AMMBD 126100 1.66 0.56 51.37 N/A
INDX 22600 0.38 0.13 50.00 Indo-Pacific Energy Ltd.
ANLT 143600 3.13 1.00 47.06 Analytical Surveys Inc.
NASDAQ / OTC
*********************
Symbol Volume Close Change %Loss Company Name
RBOW 279500 7.13 -4.25 -37.36 Rainbow Rentals Inc.
SKBY 34900 2.50 -1.00 -28.57 SICKBAY.COM INC
GEHL 328300 10.81 -4.06 -27.31 Gehl Company
TLSP 2128700 0.78 -0.28 -26.53 Telespectrum Worldwide
INTXA 169700 0.44 -0.16 -26.26 Interiors Inc.
