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YourPersonalTrader- Toronto Canada/ London UK
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Sunday
Oct222006

DJIM hold/hit list wk #10-added Amphenol, Divx, US Airways

Going into last week mostly in cash, we were able to use some of it off our alerts on CETV,APHLCC. Late friday, we decided to add the often mentioned DIVX on DJIM for a longer term play as it caught some volume....well till the Oct 30th EPS day, maybe. The three additions last week put EDU,EML,BVX off to the side right now. We are not into quantity, but quality plays. CETV becomes DJIM 10th stock to do a 25+% move, the latest push coming after our mention Monday at $69 in MC. APH was a premarket watch Wednesday for a possible entry off earnings, while LCC was a pure idea play on oil falling lower. We don't believe in chasing, being the first ones in on the bell....instead we wait and usually find a pretty good entry later in the morning. APH provided such and ran quickly after pulling back some early, we feel this one might be on DJIM for a while.  LCC, really turned out to be the play we were looking for. By the end of the week most of the airlines literally took off....$45 to 50 is not bad for few days work. We will trade it with the jet stream of news including (EPS 26th).  EDU despite good numbers, never provided a 3rd DJIM opportunity to enter as a Motley Fool article took its wind despite good #'s...funny thing is MF always had a concern for valuation but it never stopped EDU fans before. Thursday's action was overdone but we will keep it on the sidelines.  Don't lose track of past DJIM winners, look at what AMIE did recently(new highs). We've already discussed BVX, DGIT late last week so you know what we are waiting for.  MR, which we sold the little we had into the gap is back on close watch. It seems the spark was a popular newsletter on Chinese stocks providing the rush, according to a fellow trader... usually this fuses out come day 2 as the herd sells to new unknowing blood. We'll see if those chasing the volume break this week are the stronger ones. ACOR is unbelievably starting to look more than just a trade. The stock has held up remarkably well without the usual sell off you see in momo stocks. Other DJIM's including RIMM,CPY,TRT have their charts up.  A few others of some interest were mentioned Friday.

Charts updated at BT charts include ACOR,APH,AZZ,CETV,CPY,DGIT,DIVX,LCC,RIMM.TRT

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