Monday, September 10, 2007
It has been a long time since I've posted...
Not that anyone reads this blog, right?, but I've come to the conclusion that I really like this method for finding stocks and it has paid off well recently. It looks like these canidates suffer less volatility compared to many others in recent market action.
Found one for Tuesday, the 11th.
CPLA: This stock actually has a 16% rating, below the usual 24% cut-off, but the recent market activity has not been providing many candidates...maybe a clue not to be buying...Nonetheless, the stock has nice fundamentals, decent institutional support, and a wonderful chart.
I'll be buying a 1/2 position tomorrow AM and then another 1/2 position if the stock ever retraces the $46 level (round number, 50dma, support).
For now, (sorry it is brief...),
Masterjaz out
Found one for Tuesday, the 11th.
CPLA: This stock actually has a 16% rating, below the usual 24% cut-off, but the recent market activity has not been providing many candidates...maybe a clue not to be buying...Nonetheless, the stock has nice fundamentals, decent institutional support, and a wonderful chart.
I'll be buying a 1/2 position tomorrow AM and then another 1/2 position if the stock ever retraces the $46 level (round number, 50dma, support).
For now, (sorry it is brief...),
Masterjaz out
# posted by Masterjaz Out @ 10:13 PM 
