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YourPersonalTrader- Toronto Canada/ London UK
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Wednesday
Oct112006

So it wasn't the drinks...

good!...but just sensible trading and a little gut work at work yesterday on the Journal. If our strategy to continue to take profits, lessen the load at the recent levels reached by the DJIM stocks wasn't enough...well... then the charts should have drawn you some lines in the sand for your exit in SYX,IAAC. There is no reason to keep the charts up for SYX, IAAC as we don't actively seek bounces, especially now as earnings season is upon us. Some comfort is the sell off in TRT and quick recovery which signals a resilient stock to us. Last night we said it never hurts to have extra cash on hand....today some of it was used to pick up an old favorite BVX which opened at 7.35 and now 8.5 AH. We mentioned DGIT today at 20K volume...end of the day it closed at a NCHigh and volume of 110k....but...the real volume hit BVX after 1pm breaking volume highs when we traded it earlier this year.

DJIM hold/hit list charts updated for Thursday at BT charts.

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