World Series..

If this market is a baseball world series, then DJIM stocks surely resemble the tigers, the mets.. etc.    Did we expect anything less from our stocks?  Nope! Lol    Ok joking aside, we are having one of the best days here since the inception of DJIM blog.   Just about every one of the stocks on our watchlist is doing a "hell ya"! 

TRT, our champ stock is delivering its promise today.   Now shouldn't people feel like loading it up on that last dip?  We are just glad that we did and it's paying off nicely.    Oh and don't forget, it never hurts to let some off the table.   We at DJIM let go some of our trading position to stay disciplined.

AZZ, it just doesn't take very long for a stock with its kind of earning/float to break out.   We added some and hopefully it keeps up till the end. The flag we pointed out yesterday got some wind to the upside nicely.

NGA catching a sympathy ride too.

SYX, as BT have pointed out, a big volume day may take this one out of a potential pullback.   So far it's on pace to get a big volume and we are trading it accordingly.

IAAC, textbook,   We added!. Yep, the refueling we discussed over the weekend gave it the go ahead to move on up.

CVLT, this one is also trying and we think if it gets a good close, it may get some legs.

ANGN, 10 dollar psychological mark is broken and we were adding on this potential break we discussed in DJIM #8.  The whole sector is basically on fire and no reason it should stop here.

Keep focused and trade accordingly to the action, this is about as good of a small cap action as you can get here.   We've said it not too long ago that this is where your most dedication, effort, energy, capital and focus are needed to make a good run out of this market.

RIMM- celebrating a little thanksgiving with us. A good one to fellow Canucks out there.

ACOR- we missed our AA meeting this weekend..ACOR Anonymous, but we sobered up quick this am and will wait it out now.

Sensible Trading

It's definitely easier to trade when everything is going up higher.    When things are stalling, it's definitely a good idea to let some off the table.   We are lightening up on our exposure somewhat today.

cheers,

Reshuffle...BVX added to DJIM list

Once in a while, we look at our portfolio and decide which ones are worthy of keeping and which ones just need to be off the list.   Last couple of days gave us a peak into what we wanted to change.    There are some choices that are obvious and others are just in the wait and see camp.  Now on to some stocks..

AZZ, this is probably a very good action given the low volume and next to no dmg kind of a pullback.   We are keeping eye on any kiind of momentum to chase it higher.

SYX, it was really fun while it lasted.   There's a very good likelihood that this play may be over, along with the IBD thing.    We are definitely not playing the bounce since we are only into making "easy" money.

EDU, earning is looming and if you happened to get a few while it's around $24, it may not be a bad idea using the strength to lighten up some.

BVX,  Demi mentioned it in the chat earlier with regard to the supply news with BSX.   After observing it for a few hours, we decide that it is very obvious that people like this news and may put this one in play.   We bought some today and will likely add if it holds up.   This action does look like a signal of the beginning of a runup.   As to how far it can run up?  At this point we don't know and we don't care.   As we always say, we'll trade it accordingly.

CLICK on green text for entry to Market Chat:

[Demi] (Reply) on Extended trading- Pre/AH » 

Many recall Jon's BVX from $3-4 range, teaming up with BSX for a product line might get it over ...

TRT, did anyone see where the pullback stopped today?  We noticed it was around $13.25, where that big block occurred a couple of days ago.  It could be coincidental or it could be the fact that it's when we started to put our bids in.    This is very much a real deal and volume and action suggesting this play is not over, by any means.

Hard to sustain the index move...

Of course, if the indices have another 7 or 8 days like today, we may have to rethink our strategy and perhaps include some bigger names.......  nah, that'd be just too easy lol      Ok, so if your portfolio is rocking in huge gains today, then you are probably getting to this page for the first time.    The DJIM type of stocks are definitely missing in action today and one of our favourites even had a nasty woosh today.    This is probably just the part of process as we call it.    Somtimes, there's just not much more you need to read into what's happening out there.    We are sticking to our system, sticking with what we are comfortable with and sticking to the type of stocks that have gotten us to this point.    

TRT, yes and yes!    The drop today is a little uglier than we are comfortable with and we did reduce our exposure in this one furthermore.    Right now, we have to take a wait and see attitude towards the action from it the next few days.    Thankfully, the earning season is about to begin and some of bigger semi co. can be a catalyst for TRT to pick up some steam.

MR, we are holding our fingers crossed because if you followed it since the IPO day, this one has a tendency to drop back down to $16 everytime it seemed to get some momentum.

Right now, we are keeping an eye on all of the DJIM stocks to wait for some trading development to come through.   At the same time, we are expecting to see some good earnings from small caps to come through in this seasonally a typical strong quarter.    Keep focused and rest up when not trading.

cheers,

Update on Thursday, October 12, 2006 at 09:46PM by Demi/ YourPersonalTrader

As discussed the other day  http://djmarkets.squarespace.com/journal/2006/10/10/djim-stocks.html 

todays nice up day proved some of the names including TRT, even our large cap RIMM were in nose bleed space a couple of days ago as they did not participate in this rally. Taking a look at TRT.... it might be good to bring up a trading perspective. The charts shows 4 days of resistance between 14-14.50...today was the kicker as it failed to break higher again. One way to avoid a pitfall is to give yourself a mental stop on a toppy feeling flyer, it is usually somewhere around the previous days low if its respectable..in TRT case just above 13. (notice where the selling picked up). Of course a uptick in volume smells trouble and you could see that clearly by the first 10min volume bar..its never just one bar with a high flyer. Maybe everybody was busy with the large names and so the TRT was ignored at the 9ema for support...well that ain't good enough for us and we will wait for some confirmation to use this trip to 9ema area as a reason to return in force.

Just a quick note on SYX...todays report by SL was not a huge surprise.." A neg, the 'spinach' could be the filing issues, so do your own DD as always!. "     

 http://djmarkets.squarespace.com/journal/2006/9/15/syx-1340.html

BVX note in Market chat today.

"..........Adding today was adding to a non-event. This FDA clearance is really nothing and unfortunately some ran it up to the $9 level where others would gladly take profits after nearly a 25% run in a day. Its a DJIM stock now and we will trade accordingly, including taking some profits after waking to 9 level. A tad extended this premarket!. We thought it would break out yesterday on the news, we didnt think it wanted to test the recent highs so early or needed to."

Resting for actions...

We have to admit, that we were really spoiled by the good action we've had since the end of Aug.     The rush of those good action, seemed to be pausing lately.   Of course, we are right at the beginning of the earning season and it's definitely a good reason to sit back and pick your target.   Many people like to position themselves well into an earnings season with some "good" stocks to perhaps catch a good earning report or two.   For us, we just like to position ourselves with cash.     We have done this(earning season) many many times and this time is no different.    What may be different about this quarter though is that mood is good and expectation is "probably" high.     In any case, seeing is believing and we are just going to wait for some good report to surface up from small caps and play our cards right.     We are also keeping a close eye on DJIM stocks, current and some former ones on the earning development.

We also have to note that there are some tradeable action throughout the day and most of which can be found in the MC section plus ideas from others visiting DJIM.   We do trade many stocks everyday but unless we are feeling confident that the stock has the potential to pull a meaningful move, we are not going to bother putting up every little runner on to clog up space and confuse readers. 

CHARTS UPDATED FOR TUESDAY TRADING IN BT"CHARTS incl:   ACOR-AXX-BVX-CETV-CPY-DGIT-EML-EDU-RIMM-TRT-NDX

CLICK HIGHLIGHTED GREEN TEXT TO ENTER MC:

DJ DAILY DISCUSSION LOG in Market Chat

[Demi] replies » 12:00-Plenty of trade in present and recent DJIM listed this morning...but is it only trade? We're being cautious for now for anything other than a trade. We'll wait for the afternoon action, we're in no hurry....

cheers,

Trading and Killing time...

Well, this week happened to be our least busiest week in the last while.   Doesn't it sound ironic when this week had every big name co.  releasing their earning and Dow broke 12k?   To us, it's just business as usual.    We typically don't get very active during the first couple weeks of earning season as most of the reports are dominated by household names.    But of course, if you happen to run a mutual fund with billions of dollars, this is the crunch time.   For us, we just sit back and look at all this in amusement.    Then again, if you happen to be a multi billion dollar fund manager and are reading our blog, we'd say you definitely need help. lol...Although, we love seeing the million dollar Hedgies coming by;)

For us, we trade because this is the only thing we know how and love.  But in order to have an edge, we have to trade in our own games.    Small caps have been our success and it's been this way for quite sometimes.    Just because the spotlight is on the big caps and indices at this moment, it doesn't mean that small caps have been buried deep in the mud.    All it really takes is a couple of awesome small cap runner that have spectacular earning report and perhaps two to three weeks of hard work, you'd be all set for the rest of the year.    The reason why we don't touch options or other sophisticated strategy here is that we are trying to keep trading to its simplest form, demand and supply.    We think we have a very good understanding of the psychology behind trading of small caps.   There's simply no hiding of emotions when it comes to small caps.     Believe it or not, when it comes to small caps, you can experience surprise, excitement, enjoyment, greediness, top of the world feeling, fear, denial, numb, anger.. all kinds of emotional feeling  within a span of just two weeks.    We love to trade around that kind of emotional environment so we can't wait till the majority of the small caps to start reporting in the coming weeks. (TRT was just early in being late).

Meantime, in order to keep ourself busy other than watching this ridiculous CNBC stuff, here's some stocks of interest.....

DIVX, we think this one is catching its GOOG connection one way or the other.     The chart looks like it's setting up for another possible run up.   We added some and will look for direction next week to trade accordingly.

MR, could this b/o be it?   The volume suggests it's the real deal but how many times we've been faked out by it before? lol    Of course, this one is gonna get our attention in the coming week.

SYNA, this one came to our attention last night when it guided up nicely.   Trading action is suggesting higher price to come.

DGIT, this one defiinely doesn't have the lust it had when we first initially found it, but it's nonetheless worth keeping your eyes on.

ACOR ITMN ILMN, when in doubt, go medical.   These three are also high on our trading list as they are definitely more immune to the sensitive side of the economic data.

some new stocks of interest this week included APH, ALB, RBN and most of the airline stocks....

cheers,

Targeting the easy..

It's definitely easier said than done.   What we are trying to do here at DJIM is to constantly find plays that we identify as being the easy plays.   Those are the kind of plays which according to our past experience, have the best probability to go up.    Of course, it doesn't necessarily mean that our plays aren't risky.    Take ACOR for example, we noticed the morning upgrade and decided that it has a good chance of going higher if its opening isn't too outrageous.   We got that and it was a good play.    Had we held on till the close, this is back to square one and you can literally write off that upgrade effect because it was in the bag.     The point is, use the opportunity to your advantage and trade according to the trading rules, as oppose to any other sentimental rules.  **CLICK ON HIGHLIGHTED GREEN to enter Chat

[Demi] (Reply) on Extended trading- Pre/AH » Small caps quickies Travelzoo beats by $0.04 (TZOO) 32.40 :Reports Q3 (Sep) earnings of $0.28 p ...

We still feel this market needs to rest/pull back.   We feel that the sooner it's done pulling back, the better shapen we'd be in for November.   Unfortunately, regardless what anyone thinks the kind of shape our mkt is in at this moment, trading opportunities keep on popping up daily, earnings related or not.     Here's some of the playing/watching today....

RIMM,  this one was noted awhile ago on its earning day and so far it's gotten close to 20%.    This is an exception to what we normally trade but this stock always occupy that special feeling to those who were once trading it on the Toronto stock exchange back in the days.    The break out looks good today.

MR, at last!   We just have one question about this one, "what took it so long?"   In any case, even though the stock is enjoying some nice gains, we still need to trade according to the action and letting some go when action stalls.

BTJ, de ja vu?   The earning reaction looks powerful today and we really don't need to refresh readers what this thing is capable of.

Past BTJ posts    http://djmarkets.squarespace.com/dj-journal-archive/ 

BVX, pennant b/o, thick zone or whatever you want to call it.   The fact is that it closed at the high and higher than the recent high, it's an automatic buy for us again even if this not one of our favorites right now. We have said numerous times what we were looking for since the recent run up, today we got that with volume and a good close.

TRT, we bought a little of this one.  We have a feeling that this one may have seen the low.   This doesn't necessarily mean that it's going right back to old high.   It definitely needs some more work and if the inside selling stops , we may just have a chance. 

EDU, possibly the Motley effect is eroding... we bot little to keep an eye on further development. APH as well off the 9ema. AZZ looking pretty good on the chart.

Off our market chat, a few nice stocks put up by fellow traders..

SILC, this stock is also worth keeping an eye on.   Earning may not be awesome but action suggests it can go higher. MTOX, this is one of those stocks that we aren't initially sure that it can attract momentum or not.  Today it proved that it can and we are in some . ILMN, this is a possible b/o that may get some follow through the next few days.

Yesterday we talked about a power move to/at 114 for RIMM. 

That's a pogo stick you want to jump on when you see the volume kick in.

Charts updated for wednesday at BT Charts

ACOR-APH-AZZ-BVX-CETV-CPY-DIVX-LCC-RIMM-TRT and BTJ

UCTT-Ultra Clean Holdings Inc.

Many of you have noticed that this name ( UCTT $13.30) has been mentioned in MC couple of days ago.     What we wanted to point out that as of today, IBD has assigned a new rating to it.   98, 97 A-!

For those that have played this IBD over and over, this is probably nothing new and you'd know exactly what to do.   For those that are new, we'd like to point out that a fresh IBD play always attract some serious momentum money.

we are buying aggressively today

CLICK chart for full view.

Visit Market Chat (navigation column) for more on UCTT#'s.

It's tough....

to be in cash right now.    As a matter of fact, this mkt is just downright killing anyone who's sitting on a large pile of cash.     In case you haven't noticed, unless the co. downright disappointed, many of the big caps were rewarded with nice gains even with a mediocre earning report.   But, what do we know and we are just the little guys who don't have a million dollar research arm.      If you read many of the financial websites and lets just use Realmoney.com, for example, you'd even sense a kind of hatred toward the never ending rise of this bull market.    For those so called gurus, they may be right at the end, that this market may indeed be looking exhaustive and this rally is purely emotion driven and without any fundamental basis, and eventually lead to a long decline.    Ok, we've snapped out of that dreaming state about a couple of months ago and have been actively engaged in this market last couple of months.    Things did look to slow down at the beginning of October but the pace is definitely picking up again, as mkt draw towards the small cap earning season.    So how do we play this?    In the small cap land, seeing is always believing and there's really no need to over analyze or guess what the trend may be a month, or weeks from now.    For us, we are traders and we don't trade around theory or hypothetical scenarios, we trade around actions.    Have you noticed the small caps beating estimates, well ours usually don't have estimates or give out guidance which ends up hurting these 'beats', so we are looking forward to some great numbers from unknown caps this quarter.        Ok some updates...

UCTT,  one good habit when it comes to a small caps' earning report is to check its IBD rating soon after.   This has definitely become an automatic thing for us.   We've been watching UCTT, waiting for EPS report to give us a reason to buy in. To sum it up, this one has some decent earnings for a tech co. and it currently has one of the best IBD ratings.    What's so special about this one then?    It's a FRESH IBD play, we dig it and we believe momentum crowd would dig it too.    The only drawback is that it's somewhat heavily owned by the institutions and the pace of rise may be slower than other small caps.   We are excited by the rise in volume and thinking this one has some decent and safe upside potential. Remember its sector as the institutions do!.

BTJ, IBD material and drive perhaps?   We we have two more days to find out and the action definitely supports that thesis today. Anyways...DJIM needs some oil in it's soup to keep driving those gains.  A decline in crude inventories leads to oil/stocks move up like today. This works both sides as we have seen recently. We played the LCC on the down last week, we can play on the up. We're in a good place with BTJ off it's stellar earnings.

IAAC, this one had a big follow through and it almost cleared the $30 mark.    This is one is trading choppy as usual but the bias is definitely toward upside. If you can't stand the ride...don't take it to bed with you, just trade it.

TRT, we said yesterday that the bottom may have been in place,  today mentioned in market chat it was lagging the SOX action sitting low $11's. The action soon after just confirmed our thesis.   We feel that this is a definite buy on weakness untill it breaks $12.50 which is then gonna turn into a chase on strength play.    For all we know, one good day with 200k+ volume can put this baby back on the radar.

MTOX SILC both held up relatively well considering the intraday volatility.

APH made a move in the afternoon and looks to be setting up nicely for new highs. EML...EPS numbers in market chat.

Charts updated at BT's charts- ACOR-APH-AZZ-BTJ-BVX-CETV-CPY-DGIT-DIVX-RIMM-TRT
PLUS NDX, SPX

Earning hits and misses...

For those that have followed us for the last few years, we have written numerous times about how we just do not like the probability of holding through earning.    If this is year 1999, we'd probably be buying calls left and right in front of the earning.   This is 2006 and we think that trading environment has changed a lot since the hay days.    The conclusion is that it is almost rare these days that a stock gaps up after an earning report but frequently the stock gaps down on any slight disappointment out of a report.     Of course, we are using DIVX as an example to illustrate our point as there seems to be some confusion over the earning reaction tonight.

On Friday morning, we noted that DIVX was acting really well a day ahead of its earning report and we thought it could pull a RVBD.  What we meant by that was the fact RVBD rallied over two points right before its earning report.   We thought DIVX could pull a similar move given its connection with google.    Then the infamous Goldman call hits and basically the whole market got dragged down and particularly the tech sector.   So the "rally ahead of earning" play never materialized for us.   Fortunately the stock did perk up late today to provide us still a nice exit point ahead of the earning.     So what happened to the stock in AH?   We think it's obvious that the stock's earning did not meet expectation.    We will not get into the debate of what should be the expected growth number or how much this stock should be worth... etc.   The fact that the stock is down quite bit in AH gives us a pretty good reason to stay away, and to move on.   If this stock comes back and try to attack the old high down the road, we'd be there.   For now, there's plenty of other action that is keeping us busy.

UCTT, so we found out who that seller of the 1.8 million block is and stock rallied.   We are encouraged by its action and think it's just a matter of time before it goes much higher.

RIMM, ah ha, the GS call should not and is not affecting this blackberry monster.   This one is approaching to be a good winner here.

The "A" Team,  APLX, AMIE, ALB, AXR all exhibiting unusual strength today and in fact three of the four logged new high today.

GROW/IAAC, love it or hate it, these are two good stocks to trade and bias is on the long side.

We are almost done with October and we are very much looking forward to the the month of November.    There's historically some strong action in this month and we hope it's no different this time around.   Having said that, we are still going to be looking for the best of the best kind of earning setup and won't get carried away chasing any and every gap ups.

cheers,

Update on Monday, October 30, 2006 at 09:49PM by Demi/ YourPersonalTrader

If you're wondering about the origin of The A-Team, ALB was mentioned in MC as something we'd rather have than AAPL the day after these reported. AMIE,APLX premarket in the extended trading section last week. AXR is one most know from IBD that was a recent high flyer. There are other names we have left up so you can build a list of stocks to watch/trade coming off quality earnings this Q. It pays on days like today.

Market action...

As much as we hate to say it, this is the exact sort of action we are looking for.    As you  recall from our note yesterday, we cut lose quite a bit and are mostly cash.     Yesterday's late day rebound was a bit puzzling but we stuck with our thesis.     We just didn't like how many of the stocks on our screen are acting lately, looked very tiring with declining volume.  

Where do we go from here?     We'd be patient as we think this pullback is very healthy in the overall scheme but we still do not want to be dancing around in this pullback.     Picks will be extremely selective until this pullback is over and trading horizon will definitely be centered around very short time frame.      The problem with this kind of pullback is that we just don't know how damaging it's going to be to small caps.    When bids disappear, some of these small caps can literally drop in a vacuum like of way.    9 ema is meaningless when the mkt is going through a general sell off.     When the mkt is on a firm uptrend, we'd put more weighting into the 9 ema bounce idea.    Right now, all we can do is sit on the side line and keep an eye on what's making a new 52 week high

A couple of stocks do stand out today..     MR and APKT.    In all honesty, we think plays nowadays are only as good as until the end of the trading day.

Be careful out there and protect your capital at all cost.   There's no need to sit in a position that's still "appearing" to hold up.   In our experience, it's probably just a matter of time when the pullback gets to your stock, sooner or later.

cheers,

MEK

yes it's true!   It now has 99, 97 rating according to IBD.   A fresh IBD100 momo play that is over $15. (15.20)   Scary?   I don't think we have seen anything yet.      It feels like the IBD play is the oldest thing in the book for us momo traders, but it actually never gets old actionwise.

Fun filled day...

for the Democrats?   Or is it in this case for the DJIM followers? lol    So the last piece of news that caught our eyes isn't CSCO's superb earning or guidance, it's GROW's split announcement.    It's definitely not a good way to PR pump your $30 stock.   But hey, we are just mere mortals and if the announcement gives action, and action creates opportunity, we'll trade it.    Now to some real movers....

EDU, we don't know the reason why it jumped this much but we are glad that we held our shrs last few days and added promptly on the break of $26.   It pretty much gathered strength throughout the day as traders tried to play catch-up.    Can it break its old high?    It's definitely setup to do so and it'd be very interesting to see what happens after it does.

RVBD, is this a sympathy to CSCO's earning perhaps?  We think it probably will be come tomorrow.  Oh, it also broke out nicely today on good volume.

BTJ, OIH is definitely trying here.  This kind of sector move benefits some of the little ones the most.   There's also of course MEK and ALY and all three are running for various IBD100 spots coming this weekend.

TRT, a few readers emailed us on this former mover today and we think it has potential.   As we said many many times before, if the insiders stay out of selling, we can get some sustained movement up.   Believe it or not, those insiders always tend to pick the "best" time to kill its momentum.   Maybe they should run a short fund or something since their timing is just so impeccable.

RIMM, well, you can put this one in the book now.  Another 25% gainer for us (see DJ Archives) and it may not even stop here.  For a large cap where you can literally buy millions of dollars worth, this is not a bad return for a month of work.

SRVY, this one came out with earning this morning and what caught our eyes is the trading action.   The number may not seem spectacular but it's apparent that there are some who really like its story. Lehman for one who raised estimates immediately.

AAON, finished up at the high of the day. More below.

Other stocks that we are trading/watching today include recent DJIM stocks SNCR DIVX APLX AMIE FTEK plus GDP BIDU OMRI TRMS and CMT off earnings.

GMKT and others....

We also like the action in GMKT.   This co. reported earlier and we really like its action, much like SRVY action yesterday.

MR, pre earning run starting today in our opinion.

BTJ, this one wants to overtake GROW in IBD rating. lol   We are not arguing with its intention and we are trading along with it.

GROW, as much as you hate how the co. pumps their own stock this way, you have to agree that this action is nothing short of spectacular.

nice follow through across the board...  SRVY RVBD GDP DIVX

DJIM hold/hit list #13

Back in October, we stated that November is seasonally a strong quarter for small caps.     Near the end of October, we stated that we just could not wait till the small cap earning season to start.    Well, we aren't disappointed, so far.       Maybe  it seems that all we had to do is to come back from a 8 month vacation and trade from November till February.    Now that would just be too easy plus we could have missed all the DJIM action from late August..just go to the Journal Archive.  The truth is, without the hard grind of the summer, without going through the emotional roller coaster with the market from the first trading day of the year, none of us would stay as focused, or sharp when the time mattered the most.     Well, here we are now.   We have had literally a stream of awesome small cap action last few days and we are trying our best to make the most out of it.    It means all out for us.    Folks, if you hadn't committed much time, energy, capital or effort into the market last few days, we'd say you are gonna be sorry a few months down the road.     Here are some plays we really like that showed up last little while...

ATNI, this is definitely not a flashy stock like some of the other heavy hitters.    It has very good earnings and it moves in stealth mode.   Before you know it, this thing can move 20% without making any kind of headline.    It broke out on Friday and we are keeping a close eye on this one. We added back. Friday looked like the day it would break all those candle wicks on the daily. http://djmarkets.squarespace.com/journal/2006/11/1/atni-atlantic-tele-network.html

GMKT, this stock had a very powerful move on its earning day and it smelled lots of institutions stepping in to bid it up.    A very sexy business and a dominant player in its area and with the holiday coming up, we think this one is gonna be in play for a while.

DLB, wow what a report this one had.   Ok, this isn't exactly a small cap but man you gotta give those guys a thumb up on their execution.   It took out multi year high, literally in one day of trading.    Now it may not give you another 33% gain day anymore but we bet it caught lots of people's attention on Friday.

Reports Q4 (Sep) earnings of $0.22 per share, $0.11 better than the Reuters Estimates consensus of $0.11; revenues rose 29.4% year/year to $102.1 mln vs the $83.8 mln consensus. Co issues upside guidance for FY07, sees EPS of $0.83-0.92 vs. $0.75 consensus; sees FY07 revs of $420-450 mln vs. $405.67 mln consensus.

MEK, it made it to IBD #5.   How will trade from now on?   We think it could trade with the group but with a better beta action.   Other plays we also consider in the same genre include BTJ ALY FTK. 

TRT, ah ha!    This one is not an unfamiliar name, far from it.     The latest quarter simply confirms the status of the stock, it's not going to be a micro cap anymore.   Bring it on Zeff boy!.  Nothing new to say, just scroll down our pages or go to the archives to get your TRT fill.

EDU, didn't we say this one could make some easy money?  Lol  Ok, nothing is easy in this business.   What this stock did the last few days, is simply giving back to all the believers and followers of DJIM site. Same as TRT, you can find your fill of EDU write ups as it seemingly has been with us since day one.....3 rides now!..Recycle, recycle we say. If EDU doesn't cut it one day....MR has picked up the slack and vice versa.  Late this week MR hit a new high 20.57. DJIM's Super Ninja's are sure to provide more excitement.

FSYS, this play is new and we think it can get some legs out of its report. We put an eye out on it early Friday morning in MC, its action perked up and we entered.Reported Q3 EPS of $0.22 vs -$0.63 in 3Q05; (est.$0.13c), revs rose 13% YoY to $55.4 mln vs.44.1 mln est. Co' raised 2006 rev guidance to at least $210 mln, up from previous guidance of $200 mln.  This alternate fuel segment needs some new trading blood, maybe Fuel Systems Solutions will be it.

AAON, we introduced this earning gem Wednesday morning. Not only did it take out the $25 we spoke of, it took on $26 Friday. Definitely, a A-Team member!

GLDN, we also introduced back some Russian blood with this Telecom/Internet provider. Volume has really picked over October and into early November with its earning release. 35% revenue growth, 40% net income YOY, 16% revenue, 7% net sequential growth.

RIMM, yep...we raised the RIMM flag as it became the 11th 25+% move in 12 weeks of DJIM. The action Thursday left it with a little toppy action. Every other day they seem to have a need to strike a blow into RIMM, Friday it was MOT's deal with Good Tech. This has been going on endlessly and RIMM just keeps making new highs. Nothing is wrong with RIMM for those wanting to play it out further, but we feel there are better chances of a finding another 25% move elsewhere...faster. We'll still keep a close eye on it as it's in the Constitution of Canada to do so;)

EFUT, is one we are trading as the Yahoo's are all over it. Definitely not for those that plan to have many bathroom breaks during the day.

It was just on Halloween that we took a cautious stance as many of the DJIM stocks felt toppy, by the close of Friday November 3rd we started to use up the cash with 6 or 7 buys. The names are changing, growing fast and furious during the past week. Buy the strength and don't sit on the UCTT's that are clearly lagging the uptrend.  Honestly, what are you waiting for?  You also have plenty of oil/energy names to rotate in and out of depending on the oil picture. If you have your DJIM list close by and have created a watchlist/buy list of these stocks, last week was a very fruitful one.  For more DJIM names read the commentary of the past week plus glance over the charts for ideas to trade.

Jon/ Demi