Wednesday, July 27, 2011

Rundown for today's picks

DJI down 198 points, Nasdaq down 75 points, S&P down 27 points...sea of red
Its a bearish market...washington's off bickering and the market's off selling....
my picks held up pretty good though given the disgusting market

ALTH - was in the green hit a high of 1.92 and closed at 1.89 ,pretty good looking candle but given the market i would take profits cuz any profit is better than no profit, Charts:
http://adf.ly/2E0Ui
http://adf.ly/2E0VK
IPAS-closed up two cents, closing up green today was a rarity....tight stop losses on everything in this market
Charts:
http://adf.ly/2E0tB
http://adf.ly/2E0uh

COOL -gave away what it got yesterday, was a pretty decent red to green play but never did hit that green spot, not looking good rt now
Charts:
http://adf.ly/2E0yf
http://adf.ly/2E0yw

RDNT-held up pretty good but was expecting more, bearish doji, decrease in volume, the stock is in a downtrend i was hoping for a lower high from a couple of days of upside...looks like its going under for a  second bottom, charts:
http://adf.ly/2E1Aw
http://adf.ly/2E1B5

LLNW didn't even test 5 jst was on a continuous downtrend so much for red to green play, lower highs and lower lows all throughout the day
CHBT this friggin pinkie jst went on and on, increase in volume this is getting noticed but we must see some profit taking soon cuz whats a stockchart without some red candles, closed at 2.37, up 45 cents from tuesday open, wish i had bought that sucker, SMED tanked and jst about everything else was bloody red....jst the wrong time to start writing a blog about stock picks...

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