Wednesday, July 26, 2006

Trade Update 7/26/06 BMO

Almost all stocks on my watch list appear oversold or neutral. I am waiting on the market to give me conformation of what direction it is going at the moment. Long Term – still bullish, mid term - cautiously bullish, short term… not to sure!

Below is a screen sot of my current trades as of market close on 7/25/06.



Below is a screen sot of my current trades as of market close on 7/25/06.

.EOGTN – Lost to stop on 7/21/06 for a profit of 51.07 after commissions. I could be still in the trade if the stop was above my resistance line.
.AAOHH & AAOTU – Straddle Play, still watching the numbers! The call is all but worthless now and the put has doubled its value. I am in the red by about $10
.RIGTQ – Hold @ 75.79 – I am still in the trade. My indicators are showing that the stock is moving from oversold to neutral ground.

Good Luck - David

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