DJIM updated holds/ hit listd
Tuesday, September 26, 2006 at 08:20PM
Demi/ YourPersonalTrader in DGIT, MR, SYX, TRT

Those following DJIM must've noticed we entered the week without passing on a hitlist for the week. Last week we dropped up to 7 off our list as they pullbacked from DJIM high runs...the AMIE, GROW's etc. Instead of waiting for these to bounce we decided to go shopping this week for some fresh meat if the market allowed for such. We already had the steak in TRT from Friday and a bounce possibility we were waiting for in SYX plus a few well behaved carrots in CPY, CETV, TWLL, SNCR still on the plate. If we fall in love with the stocks that gave us amazing runs like EDU from 22, AMIE 29...we would be nowhere holding them right now waiting for a bounce.. Instead a clear head and free cash has allowed us to replenish our DJIM hitlist quickly and even enjoy a wild ride on ACOR. So far this week we have positioned back in SYX....as noted in MarketChat IAAC was becoming a possibility again as it came to $22 today. Once it was evident IAAC was clean over its 9ema we recycled in and watched it close strong ($23.60). The 27MM PPlacement seems to be behind it at least for today. A steady dip on light volume made us step up and get some more TRT in the mid 9's today. On the day our recent IPO runner from $22 EDU retraced all of it's DJIM gains, we found ourselves in MR($16.40) a medical device co from China IPO'ng today that closed very strong...if EDU bounces here we could have it back in DJIM books shortly. Keep an eye on it, you've seen it run once. Also added was DGIT($10.25), the guidance was nice but the chart is just as nice.

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