Tuesday, July 10, 2007

Bought TZOO !

The markets cooled off today! I took profits from CHIP and DNDN. I sold DNDN too early, I was afraid it would tank but it spiked in the afternoon. You never know what will happen, I was concern about the news. I short TBSI as it got large selling orders in the morning. It broke it's uptrend I guess. I bought TZOO, holding on nicely on down markets.

TBSI @ 30.9806
Why short it:
-pull back
-up too much,too fast
-down on higher volume

TZOO @ 27.7694
-potential fill the gap
-strong on down markets
-could break out anytime

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