April 8, 2004

My Daily Market Report

Some more buy orders kicked in today. I bought EZM at $20.40, NFLX at $37.00 and ULBI at $23.15. NFLX and ULBI stayed above my buy points, but EZM sank and I’m down 6.6% on EZM. None of my other holdings were sold. I now have six trades in play.

I’m looking at a graph of the S&P 500, the Dow and the NASDAQ. All three markets have traced out a VERY bullish cup-and-handle pattern. I would not be surprised to see a big jump in the market any time in the next few days.

I think the train is getting ready to leave the station. When that happens, I want to be on board.

I placed the following buy orders tonight.

AFFX

$36.50

ALGN

$21.35

AVT

$26.60

DJO

$26.45

FFIV

$35.75

HRS

$51.35

JWN

$40.70

KCS

$11.49

KYPH

$28.98

LIOX

$11.15

OSG

$37.11

SAFM

$41.60

Posted by Ted at April 8, 2004 8:30 PM