Wednesday, January 16, 2008


I mentioned INCY about a week back and thought that 11.50-.75 was a key area. Today the stock traded great volume and went to $11.97 before it backed off. Should make new highs soon

CREE was one of the best percentage gainers today. If this turns out to be a continuation play it could pop to $29-29.20 quickly. It then measures to $33-34. Perennial takeover name.

FLIR-Good chart. Could manage $34 in the next few weeks. I'm a volume freak and this fits the bill


About Me

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.