DJIM recap
Monday, October 23, 2006 at 07:23PM
Demi/ YourPersonalTrader

Yesterday, we used AMIE as an example of not tossing the DJIM stocks away after the initial runs with us. One point of our DJIM lists is that the reader start a list to follow this niche, narrowing down the suspects and recycling the familiar names like we do. Actually received an email this weekend from a reader reminding us of CTCM and a potential set up. It's great some are keeping past DJIM stocks close by.(especially today). Same goes for IAAC which we mentioned in MC just past 3pm and not a second later kaboom as BT likes to draw it. The other good reminder is in SYNL and that is.... dont chase until you see and feel that a stock will be in play. Sure some flipped for a few points but there are others that might be feeling stuck higher tonight. The volume was nothing spectacular to warrant a in play stock for today but we still picked up a few shares into the close as the numbers do look very good. We usually post a follow up when we enter if time permits as in TRT etc.

DIVX a pick up friday had a nice day and put in a NCHigh, CETV as well. LCC, we posted selling it off 51+ as there is some resistance here for the index...will look for another entry in size later. RIMM keeps knocking on 114...  should go through soon with some power if the mkt keeps this up. Some huge blocks showed up this afternoon 113+.

Charts updated at BT charts include ACOR,APH,AZZ,CETV,CPY,DGIT,DIVX,LCC,RIMM,TRT, (NDX)... Also visit Market Chat for other ideas from traders during the day.

Article originally appeared on Your Personal Trader (http://www.yourpersonaltrader.com/).
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