Expectation!

We are almost two months into the new year and many of us have been asking the same question.   Is this the kind of market we have been expecting?   The truth is, nobody can really answer this question.    Just like an individual stock, the overall market would spend most of its time in the consolidation mode.    It seems we have been stuck in this mode for the longest time.    Unfortunately, there's really not much we can do about this and we can only do our best to cope with this situation.     Today it started off as if the market wants to go down hard but it ended up in a meaningless way.    Our DJIM stocks have fared better than most in this market environment and this is the exact sort of things we liked to see to end our trading day.      Here are some highlights...

FSLR TSL JASO, even though we are grouping these three together since they are all solar plays, we do have to point out that FSLR is the only one that we have considered as an earning plays.    Solar plays are hot and there's no doubt about that.   We think these three represent the best in the solar trading world where both the liquidity and technical signs are top rated.

CSV, this little funeral service stock broke out today on pretty convincing volume.   We didn't think those insider buying was meaningless so we added then and again some today.    It's hard to speculate how high the institutions will take this one up to but one thing we can all agree about its business is that "it's just a proven business".

BW OEH VTRU HURC TRT CGX,  again we are grouping these together b/c these are familiar names that always seem to outperform the rest of the market.    Steady as she goes!    It's nice to have a 20%+ mover in your portfolio but it's the steadiness of some of our stocks that make our portfolio really shine.  All these have been early earning buys this Q at DJIM and OEH, is a sec play on other hotel earnings plays that came out with nice reports.  Now, it gets some takeover speculation with the CEO departure. We thought this speculation was already underway due to industry conditions and company internals, today Bear Stearns added some fuel to it.

CENX survived earning with a NCH to boot and shows this aluminum play is looking for its 52 wk highs down the road.  A couple of recent faves CCF, HMIN are now over 9ema and back on close watch.

Things are definitely looking pretty rosy at this moment and we have seen no shortage of leaders among the stocks on our watchlist on a daily basis.    Does this mean that we are committing heavily into this market?    At this point, we feel we are committing more capital but only on a selective basis.    Things can get out of hand when you add too many positions and it's easy to lose track of things.     A good strategy is to limit our portfolio to a certain number of positions.     For example, when we get to near the close of the trading day, we always ask ourselves a question, "are we going to be holding the best 10 stocks on my screen overnight?"   If things do check out then we can end the day happy but if one or two stocks seem like a laggard then we just cut them lose or replace them as in a CXW yesterday.    This is of course assuming the market is still in a pretty good stand and there are stocks on our watchlist that are outperforming.     Basically the point is that we are always extremely picky about what we hold in our portfolio and this means ...yep, we'll say it again thanks to MFW finance biz...no holding into earning. 

Solar...Solar

Now only if our entire portfolio is made up of these solar plays, then we wouldn't be worrying about the choppiness of this market.   The truth of the matter is, when you have become a mature trader, it's just hard to dedicate a meaningful percentage of your portfolio to plays like these.   We have been playing these solar plays for a while now but results are definitely not the same as the stock's performance suggests.    Well, this is part of the game and we just have to weigh in and balance out different plays with different kind of risk/reward ratios.    The market looked a little worrisome intraday and despite a late pick up in the market indices, many of the most recent strong stocks we follow still ended up in red.     Unfortunately, when the only group of stocks you are trading are the ones that are near 52 week high, this sort of behaviour is common when they lose a little steam.    We reduced some exposure today and we are still going home with a cautionary note.     At this point, we have no bias on the overall market and we are certainly not sticking our necks out to see which way the wind is blowing.     We are taking some of the trading opportunities from some hot sector and some story stocks to make our trading days a little more meaningful.

TSL,  yes it looks like one of our members gave it a royal pom pom blessing and it closed at the high today.   The momentum certainly looks strong and it feels like there is more upside to come.   Right now, this play is really beyond the eps/outlook but rather it's more momentum based as we've said before.   What you see is what you get and it's a little pointless taking the fundamental into the account when the daily swing is 10%+.    We have been busy trading this one on the long side but we are taking this play as is.   We do want to caution that when this one does pull back, don't expect just a one or two point pullback, be prepared for some dramatic movement. In the meantime, even a technical newsletter bull on SOLF can bring the others into play once again.  It could also work the other way, so be on guard and don't get carried away.

FSLR, we don't know if this one is following TSL or the other way around but the end result is similar.   This one also closed pretty good and pace seems a bit controlled compare to TSL.    Even though FSLR's gain is conservative compare to TSL, we feel it's also way less risky when it comes to actual trading.    Again, it's really up to an individual to decide which one he/she is more comfortable with.  But as we said yesterday, we are more concerned with the strongest at a particular time...hitching a ride and not asking for names.

EML, yes volume is really laughable in this one today but it's only a buck or two off the all time high.   Keep an eye on this one as this is back in play in our book and watch for further volume increase to look for trading opportunities.

MFW, nice rebound so far. The best way to trade this is go with the flow as the institutions will do the calculating on the debt of one part of the company and the value of the licorice biz etc..  We are not about to crunch the numbers,  it's easier to go with the flow. If this continues it should top the recent top going into MFW's full earnings which appear to be in mid March.  Plenty of time to catch on,  if we get a continuation of the big run recently.

UEIC, we added this one to our watchlist on Friday and bought a starter.    We liked its earning number but more importantly its earning reaction.   This one is actually an institution's favourite too as 75% of the float is held by them.   We are definitely keeping a close eye on it to see any further development.

Briefingcom bit, Barron's reports Universal Electronics (UEIC) shareholder Neal Goldman, who runs Goldman Capital, believes shares could appreciate by up to another 50% in 12 to 18 months, based on increasing penetration of the markets for HD TV and digital-video recorders. He's also enthused about new products like Universal's Nevo SL controller that orchestrates everything from HDTV to music stored on a computer and routed through a home-stereo system. "If you take away the $4.50 a share in cash from the [roughly] $25 stock, you are looking at a stock that's trading at a very low multiple of 16 and that can grow at a rate nearly twice that," Goldman maintains. The co's sales and earnings, reported late Thursday, topped Wall Street's consensus estimate, lifting the shares more than 23% Friday alone. Universal also raised its Q1 guidance. DirecTV (DTV) and Comcast (CMCSA), which utilize Universal's technology for their set-top control boxes on an OEM basis, are its biggest customers, providing 19% and 11% of revenue, respectively. The co's technology is also used in DVRs that TiVo (TIVO) and the cable/satellite operators supply to their customers. The real allures, according to Avondale Partners are its intellectual property -- a portfolio of patent-protected technology -- and market position, with 75% market share in providing remote controls to U.S. cable operators," director of research John Bright says. Their library includes more than 260,000 device codes, which allow its devices to plug into more than 2,400 brands worldwide.

We like Avondale..past success with their money

BTJ, IBD's "New America" section gave this one a pop today and this is definitely one of the most interesting oil service plays out there.    Maybe this one is getting the kind of exposure it needs to price it at a relatively higher valuation.   We think once the IBD fever dies down, it'll go back to the old "track the crude price" behaviour.   It's just at this point, it's hard to say how much higher of a price it's going to sustain with this new found IBD exposure. Day to Day with these as before.

All in all, this is mostly a "do nothing" day for us other than a few selective plays.    We are sticking to "play with the flow" strategy and not to lean either way until every signal we see points heavily in one direction.

DJIM #11 2007

You can't tell traders, investors,  'March Madness' is about to tip off.....it's been center court since February 27th and there is no Cinderella story emerging.   Actually, she went to a 'Rally ball'  last week with a tall checklist but all she had was change it seems.  She wasn't the only one.  Simply,  you can summarize last week as a week of high expectations for bargain hunting without a lot of buying.  By Friday volume had dried up, there is simply too much apprehension in the players even after 3-4 days of a reversal. Three days of a rally mustering up barely 1% of a gain in the indexes is little to get excited up.   As we've been saying this bleeding might need time to stop, right now the traders are looking under the band aid for reassurance the cut has healed.  Simply they are re-bandaging all over again just to be sure it doesn't bleed again with an unexpected news blurb.  Somehow the trust has to come back,  maybe we will just consolidate till earning season blooms again.   Hey, it's only a few weeks away till April kicks in, yet we are still finishing of the first Quarter of  '07 with micro/small caps reporting that are giving some play (JSDA #99 IBD).   If there is anything to look forward to, it is a fresh Q of potential plays to feed on.  Considering this is what DJIM is centered around...we've got more hope and can live through this corrective activity more than others playing a different niche.  Oh yeah and one thing is if you don't follow our, "No holding into earnings" stance..maybe you should at least follow it now until this correction subsides. The guillotine is sharper than usual in this sort of market as seen by the PSPT,GMKT beheadings last week....... Be cool, be selective is the daily memo here.  The momo trader needs something, even if they are in rehab at the moment.  One play that seems to be gaining traction again is the Solar play, actually this slowly should become a longer term play as this area is not going to go away.  Sooner than later owning one of these and putting it away under a pillow might be the best strategy.   We are playing both again and have written about them in detail as to their differences.  TSL closed much better than FSLR on Friday but FSLR still had some higher price buying AH's.  Right now, it's a game of jumping tracks as one or the other is providing opp's for a nice gain and we are doing the same a lot of the time.

SNCR, finished well Friday and is one of the few we had selected earlier last week. A timely move just after mentioned in the forum of setting up nicely showed promise at the close.

Early in the week on the Journal we pointed out HDNG KBW UEIC HURC as ones we are looking at first at that moment for a trade. This still holds into next week as one or two moved nicely ( KBW 34-38 ) and most are holding up well or setting up for a move up in a good market follow through day.  With oil stabilizing over $60 recently, BTJ is definitely one that looked best late last week and should be closely followed or traded.  SYNL had a nice week and CYNO is the IBD in America profile this weekend.   As far as JSDA, we'll see..we're not very patriotic it seems..lol.  Comparisons to HANS is like comparing Footballs across the border...the NFL to the CFL..not even on the actual product or earning, but the ability for JSDA to ever trade anything close to how HANS did.  These are the stocks we will continue to closely follow and possibly trade on Monday.  Of course... a wake up call from overseas mkts will play a role on which side of the bed we wake up on tomorrow.

OEH, our lodging lux play before the meltdown made NCH Friday as merger, speculation activity is foaming again in the sec.

Churning..

and possibly more churning ahead of us!    Despite the fact we are green today, we are very much in a churning mode.    As far as the overall picture is concerned, this is considered healthy.     We churn churn until we see a clear break out or break down of the major indices.    If we break out, we would know exactly where the resistance is but if we break down, it's hard to gauge the exact support line.   Of course, you can always argue that last July's low may be the area but we feel that low may be too low for the current market environment.  All this market gibberish does not mean there were not a load of tradable opportunities from this weekends DJIM#11 and that is all we care about end of day!.

So what's happening with the market these days?   We think many Briefing.com chasers have the answer and we are sure they are having a blast taking advantage of some of the headlines there over the past 2 weeks.  We have said its a traders market the past 10 trading days, it's a scalpers market and this all most use the service for.   Does that mean we all have to switch our strategy now to a day trader mentality and chase the headlines one at a time?   Of course, we were all going a little brain dead sitting in a lot of cash, but it does not mean you switch your strategy and start going for the headlines just because you are a little bored.  If you're not at work...Have an early drink and then a nap but don't switch your style!.    DJIMstocks.com is not for scalpers, headline chasers.  Scalping, flipping headlines is not for the majority of subscribers here and this type of trading is not for us.    For us, we just can't see ourselves going through that transformation and there were many lessons learned from the past that we have to stick to what we are good at, more so now than ever.     Besides, there's really no art or longevity to trading briefing type of plays unless you have no trading life or life and can address and listen to 300 "peeps" alerts all day..then read and then be ready to jump in and out.   We prefer to use our own imagination and our own opinions.  It helps as any news wire, but it's not something we need or would ever live by to trade.  Also,  it's two of us against 300 of them in an office and we still get out enough winners to live off before they get to profiling them.  That has been shown way too many times over the past few years.  Anyways...We gave a weekend hit list for Monday as to what we'll be looking to trade.  You didn't need a Briefing for these moves, all you needed was a "lead' from DJIM;).. FSLR+11.2%  TSL+9.2%  CYNO +8.45% BTJ +7.5% JSDA+9% or give a "one damn eye " on AFAM when it had traded 100 shares premarket at 20.90 and then later to a high of $23.90.   Nobody is expected and we don't expect to catch all these moves, but if you had a small hit list as given last night... you should have had a stellar day just by going after one or two.   What we are giving is what we are looking at, if you don't want to look at it and give it some attention when its behaving well..meaning it's green and getting interest....well then you're missing the point of DJIMstocks.  You should not be looking for other opportunities if these are in front of you already and working.  We become oblivious to other names when the going is this good.  All efforts and capital are with what is working!!!.  No time for laggards!!!  No time to look for other plays.     OK...   We weren't fans of JSDA and said last night we'll see...well we saw very good interest and traded it but still are not waving the Maple Leaf flag.  Still fresh on our minds as per Journal and IBD listing and therefore this should've been on top of your trading list as well for the day. End of day we are empty of it, but will play it again. No flag burning, we will just wait to see if it has more in its tank. 

So how do we approach this market then?    We are still finding some of those earning plays that we've been covering for a while and singling them out as our trading candidates.   Here are some more...

BTJ, could it be that ppl are discovering this stock for the first time and trading it like a momo or could it just all be IBD fever?    We think it may be a little of both and we are definitely leaning more toward that IBD thesis and as pointed out last night the steadiness of Oil over $60 recently..helps!.   Yes, it's ranked as #1 IBD100 over the weekend and the reaction today is very good, especially given the fact how much it has climbed last week.    At this point, we have to caution that being IBD #1, this stocks's fundamental may be thrown out the window and momentum/trading will be taking the dominant force behind the action.   Watch the action more and don't ever let your feeling of "how much the stock should be worth" get in the way of making proper entry/exit point as the stock behaves along.

FSLR TSL, this pair has definitely been our favourite solar plays, or rather, the only solar plays we trade during the last few days.    Again, we'd favour FSLR slightly more here as TSL is more prone to "gap downs" off weakness in Asia.    Also, we are pointing out that these two are mainly eps driven, and this is the reason why these two have the biggest momentum among the solar space.    See, the action still comes down to earning.     So are we going to play any other solar laggards?   At this point, we aren't even considering touching any other solar plays b/c in the world of stock market, only the best get rewarded.   In other words, there's no second or third place when it comes to naming a best play.     We have been trading these ones aggressively on the long side but we have been doing it with smaller sizes than we would normally do in a favourable market condition.    

EML, this little one made a new closing high but we aren't willing to give it a hard chase b/c of the volume and still just hold a part of position from earning time.  The point of pointing this one out is that odds are always on your side when you are stuck with an "eps story" as oppose to other kind of plays. Just look how far SYNL, EML have come since being DJIM insertions last Q. If you want to tuck a stock in a drawer these thinsters with earnings provide a safe play early on.  AFAM and EML are very similar, except AFAM has a history of holding its big gains better.  AFAM made a revenue high of 26.32mln and reported a high EPS Q of 26c vs. 16 YOY.  We held a small piece through to close after taking advantage in some of the 3 pt move intraday.  Simply, we don't want DJIM filled with these plays at this time, it does not mean you can't put it in a drawer.  It just should not be the focus of so many members as EML started to become at one point early on.

Tricky Environment

Maybe we should have a huge sigh of relief over today's results or better yet, a drink or two!   Overseas markets were rocked by 'our' yesterday's mkt,  so expecting a retest of the recent low was just about what everyone expected.   What everyone expected came as expected but we bet not many expected such a wimpy test of the low and the almost immediate recovery.   In conclusion last night, we mentioned a break of the recent low support and then a break of what should become resistance to the upside quickly as a possibility.  Well, it happened and we could get continuation but this definitely puts this market in a trickery position as this happened a little too fast and easy.   If you believe that we've just hit the bottom then further churning would make this thesis very healthy.   If you believe that there's way more downside to come, then today's action may be nothing more than a wishful blip until the real selling starts.

Either way, we don't take a stand and we take the action one day at a time.   One thing is for sure though, we keep mostly cash and only trade with small sizes and trade those names that are currently in favour and in play.  Of course, if momentum comes we add and trade some parts intraday making sure we are not over extended overnight.   This may sound too corny to many of you b/c we have been saying this just about everyday but unfortunately we have to show how serious we are when it comes to how we approach this market.

Here are some stocks we've been trading today....there were a few nice opp's out there.

ASTI, perhaps we should've alerted this a little earlier and the reason why we didn't is that the index was getting hammered earlier and we weren't sure if any plays could've been dragged lower by the potential panicky market action.   When the index turned around, we knew we want to get out hands on this one as we thought the news the co. released was some very positive stuff.  Still a possible opening entry was available between 7.50 to 7.90's after we threw it out for some time.  We think this may legitimize this co. as a solid player in the solar space.   The float is tiny and momentum was strong.  

AFAM had a beauty of a day with a close over $25 and now is 4+ points since Mondays note on it premarket off earnings.

TSL, no one is a stranger to this stock, we chased some near the end looking for some follow through tomorrow.    Keep in mind, as long as this one is above its 9 ema and near 52 week high, this one would always be in play off a strong index move.

BTJ, maybe we shouldn't call this an oil stock anymore.   This looks as if it has IBD trading all over it.   Yes it's currently ranked as #1 IBD100 and yes emotion is high with this one.   Throw out the fundamental and pure action takes over when it comes to BTJ.   We'd be following its action closely to gauge its momentum.  It works both ways never forget.

The most entertaining was the mother of all squeezes in LEND that was just beginning when we noted it in the forum in the low 5's.  Even if you didn't trade it and only watched, you probably still got a rush out of it racing to 6.60's.  Anyways, it was a good reminder of why we love this gig! ..Cussin' for all the right reasons in amazement instead of yesterdays type of cussin' at the market.  We'll keep this close by for another intraday trade after getting to know its potential.

What Bracket?

Seems the East, Midwest, West and South brackets are more important than the Trading bracket game to many today...or did we just need a breather and some caution before tomorrows CPI?.....or maybe too many were hypnotized by the Level 2 trading on LEND..lol.  Man, we're turning that damn thing off..promise!..another day of that and we'll need medication to get over the spins besides a stint at rehab.  That was definitely the 'play' the last two days doubling since yesterdays mention.  Either way there was some follow through on the indices and many DJIM small caps performed well and that is what we are taking into Friday.

ASTI, it really had no chance today for more gains as the Solar plays FSLR, TSL fell out of bed at the open and never got up. If ASTI starts to act like the others it will be a good sign of recognition in the space and we wouldn't mind that all.  The ups or the downs, as long as it is bunched in with the familiar names.  Sooner than later the market cap comparisons to those bigger names will get this noticed even more.  Considering the day it had yesterday, todays dead solar dead day and being down this much is nothing to a low float stock.  Another thing is to not forget the price of the deal.  It was big 23% of shares and with a big name (NHY),but it was $5.77.  This deal, this stock needs to digest the gains over the placement price.  Give it time, the smart ones will probably be accumulating this over next little while on any dips. Also... a morning note today from Lazard had some nice price targets on the solar stocks, one of which was a $65 target on FSLR.

By the open tomorrow after the CPI is released, we will know what to do with these names.  If we can look forward to any buying before the weekend it is on these familiar DJIM stocks, HDNG UEIC CYNO BTJ and AFAM.  Oh yeah, blast from recent past CCF is almost there too, but we'd prefer to be trading something more liquid now.   All these EPS stocks are looking pretty good as they are at highs (HDNG AFAM) or looking for a sign to get at one.  At this point we have small pieces of each and will look to add on those showing momentum...if momentum shows its pretty face.

We are working with our host Squarespace scanning DJIM postings to see why a small percentage of you are not getting 100% of the posts. Thank you for co-op and please let us know by email if this is still occurring as we go along.

all is well....

That's what most people wanted to feel today probably.   The truth is, we are still working off the ugly damage from couple of weeks ago.    In this case, churning is good and more up days and less down days within a contained range make a good setup for future rally down the road.   Meanwhile, when the index is churning away, we ought to be catching some opportunities and keeping an alerted stance at the same time.    Today.. definitely feels like one of those relaxed days and we welcome that change of pace.   Some stocks we are following...

DXPE,  yes it made it back onto the IBD100 list and this one has had a history of being on and off the infamous list.    Is this a big deal anymore?   We think it's not nearly as big of a deal as it once was couple of years ago.   In fact, the IBD play has toned down so much over the time that we find alot of better plays that aren't IBD associated these days.    The float is one thing that keeps DXPE interesting and as long as there's interest in this one, we are willing to stay in and trade it on the long side, aggressively.

HDNG, why this one still isn't on the IBD100 list while some other "crap" got on is still a mystery to us.    Well, IBD or not, the action still looks very healthy and it notched another high today.

FSLR TSL ASTI, a firm had negative comments on the sector premarket and therefore these names under performed the market.  ASTI has its own issues to get over, the private placement price.  FSLR got a lift from the IBD article and it feels like a less volatile bet at this moment.    We are keeping our eyes closely on these and will re-enter when they gain some momentum to the upside again.

CYNO/ JSDA, both stocks gapped at the open off the positive market and held the gap till the close. We sold off some of the CYNO move, the JSDA we weren't holding.  We'll keep an eye on both for another try.

VIP/ ROS,  it seems that some stocks just won't go away and these pair notched a new closing high today off pretty good volumes.    Yes these are foreign stocks that can be volatile at times.    However, when the momentum clearly shows one direction, this type of move can be very rewarding as well.  If you didn't get in or trade them today, we'd pay attention to the charts as these Russian telcos made not the prettiest of candles giving up quite a bit off the top.  This included MBT, to a lesser degree GLDN.  Be patient for indication this move is real now.

Overall, we feel that market is doing a pretty good job of working out of its corrective phase.   At this point, nobody can say for sure how long this corrective phase will last.    One thing is for sure though is that there's still tons of cash on the sideline and ppl won't hesitate twice to jump into a hot sector, story stock, or a general market rally.    We'll just have to make sure that we get in at the right time to get our money's worth.

What's next?

The indices poked their neck out today and broke out of their trading range from the last little while.    As we were saying yesterday, market was looking for a catalyst and today we got one.    Does that mean that we are ready to challenge the old high next week?   Ah ha, if market is predictable like that, then we all should be running multi billion dollar hedge funds.    The truth is that we just had a good old relief rally today and what comes afterward is usually trickier than what most people would expect.    One good thing about the reaction of the fed decision today is that we are that much farther away from the recent low.   Today can be used as a good indication that we've just had our bottom for this correction.   The sub-prime issues are being sorted out and worked out slowly and many institutions now have a realistic expectation of what to expect from some of the firms involved in the sub-prime lending.    This is good news!   Uncertainty tend to raise fear and certainty raises optimism.     Seasonally, we are ready to kick off another earning season.     What?   It seemed like we've just finished our last earning season.    Yup, this gig is literally all year around and right now we are back to focus on finding earnings plays that fit into our criteria and trading theme.      In a way, we are kind of glad that the big drop happened before the earning season. Does anyone else feel like "we just got rid of a monkey off our back"?   In plain words, now that we just had a correction, bears can all suck up and go away.   Hopefully this is the case but we do need confirmation from market action during the next little while.     The best case scenario for this market is to inch up slowly and digest any big market gains like today with time.    The absolute last thing we need is for this market to go up in a few straight days and then to get smack down hard which will for sure shatter investors' confidence.

Now onto our small cap land....  When the market is in a good mood generally, the small caps always tend to get busier and see an influx of funds.  Here are some of the stocks we are noticing today...

CSV,  we have to crown this one tonight as it joined the 25%+ gainer club today.   This one is such a sleeper that despite the fact it doesn't generate any buzz among the momentum traders, but it generated 25% during the last month or so.   And do we even have to remind people that last few weeks hasn't been the most friendly to many investors. The same goes for HTC, the Euro Telecom which has produced 25% too. The reason we bring these up tonight is after today, it is time to look around at past DJIM stocks and see which survived through the turmoil best.  It is probably best to start doing some homework and expanding your tradable watchlists.   Another reason is just a reminder that despite the volatile stocks we mostly cover there are plenty of quality crawlers that work for the longer term investor.  Last Q, we had EML, SYNL, AMIE's and this Q the CSV and HTC have already stood out.

HURC HDNG,  yes keep on going and make those new highs.    Market really owes those two as the market environment was not friendly when these two came out with stellar earning report. UEIC falls into this boat as well.

FSLR TSL, we wish these two had done a little better prior to today.   Nevertheless, whatever it takes to kick-start the momentum is fine by us.

SIMO SNCR UEIC,  had new closing highs and we are definitely gonna look more on the tech side of the plays as the earning seson goes on.  SNCR was probably towed by AAPL today.

AMAG, we used to trade this back in early 06' with great success under a different symbol, it's a streaky stock and if you get on the right side..at the right time this one can be quite the winner. It's in late-stage development for iron deficiency related anemia in chronic kidney disease and that is the speculation part.  We started very small and will see if the small float and big short interest can dance with the Deutsche Bank $100 target put on it today. Wait for confirmation of a turn here before taking on a play like this or just start very small and make sure you have many more plays before it.

Folks, market definitely seems to turn for the better last couple of days and especially today.   With the earning season coming up, we feel like we should get right back into it 100% and pick up where we left off.   This doesn't mean that we are gonna be committing all of our capital.  It just means that we are gonna be committing 100% of our time and focus in finding trading opportunities for the next little while.    Hopefully we'd get some really nice plays that'll make up for some of the lost time that we incurred from earlier this month.  Just remember, we might need to curb our enthusiasm as traders soon after a day like this and that simply means taking some profits before kicking it up again.

Tanned....

and not the crispy burned type......Damn....it was hot in here!.  It doesn't take more than a 60 watt bulb to tan these Toronto boyz but nothing gets them hotter than a few of their Solar plays movin' and grovin'.   Rumor has it the market took the day off as many had expected following yesterdays blow out afternoon.   Well,  we didn't notice as this was one those 'oblivious' to the market indices days as our closely followed had a helluva day.  DJIM's gig is to get you following what we trade,  the tedious research can wait till we throw out a new stock to consider ...we'll find what you can trade over and over again and as noted last night some you can store away as well.    Recently, we said it might be wise to put some shares of solar plays away in a shoe box and not worry about trading them in and out as this story is not leaving us for a while....Today..was a perfect example of the potential in these names.  Solar stuff is nothing new as we've traded the WFR SPWR'sin 06, but we like the FSLR, ASTI, TSL to concentrate on in 07'!.   For the average investor or trader to be,  there is no extra plays you need.   We're full time and it's plenty for us.   Until a secondary play catches the same fever as our current plays..we won't go there!.  We welcome the next FSLR...when it comes!...

ASTI...wow are members are the greedy bunch...lol.  We 're not going to push it to $10, we were just below $8 yesterday.  We said when to expect 'us' to come in the last few days.  The script was written and we kept in touch all the way through.  Still...more than one opportunity existed today!.  We've talked about the day if ASTI catches the solar fever and gets bunched in with our other names.  We wanted that!.   If you begin to think like us, the early action in TSL and FSLR should have made you think it might spill to ASTI or at least hope for such and therefore been watching closely.   If you consider our mentions of a potential powerful  'flag' move that ASTI was creating yesterday.  Whats a flag?.  In laymen terms, it's a pennant of sorts in some circles....one look at the chart and the tight range (spread hi-low) yesterday was a move in the making and today there was a catalyst to use to solar it up...the TSL and FSLR to set the bugger off.    So there was two trades in ASTI today.  One was the piggyback ride of the solars to the first leg to the $8.70-80's and the second which we spoke of the last few days.    We had numerous emails, "is the love" and we responded on the forum that you will feel and see it.  The volume was a measly 700k at this point.  The love did come and ASTI added 2 million more shares to the volume end of day and a high of $9.70 was hit on the move we were looking for.   Maybe after 17% on the day gain, we should not concern ourselves about the close.  Sure, we would have liked the highs to be taken out end of day, but 17% is plenty and enough to spread the ASTI name around for a little while....30 cents off the top is nada!.  Maybe we should also accept this is not a Baskin Robbins stock, as in flavor of the day, small float momo stock to run EFUT, FFHL style and accept this is a longer term investment like Norsk (NHY) thinks it is by picking up all those shares.

FSLR, what can we say? ...our fave ain't going to the doghouse after a NCH.  TSL, a top 3 solar here..still has some catching up to do but definitely played its part today.   When we started DJIM, we talked about catching points and watching them add up....parts of 3 points on these two and the ASTI play and you should have a nice glow about you tonight!.

OEH, this has turned quietly into a pride and joy type here.  It is these stock picks that we really like to hit on the head.  Also VTRU,  a earnings and takeover play for DJIM this Q was taken out today for $48 or so.   Well, we already saw higher than todays trade in VTRU after we started covering it,  so today just nailed the trade idea for DJIM.    OEH was here first as a trade that busted out in the 40's after an alert and later it turned into a takeover play.  See Alerts in preview section.   This was confirmed a few weeks ago by Briefingcom and today it hit the press big time.  We got a little lucky buying it again yesterday........well, maybe.......when you look for strength, you sometimes get rewarded and we did today.    We buy NCH's and OEH was flying yesterday as noted in the morning forum before the market even had a chance to suck up the Bernanke.   Looks we don't need to stay at a HMIN at $16 bucks a night now!..lol.  We've kept some and traded this 6% move today and think our OEH can fetch some more room service.  Our mini bar needs re-stocking after todays DJIM stock ride.

KBW, the financials were running hard yesterday afternoon after the FED talk and if you didn't want to dish out about $200 bucks for some GS, we gave the forum an alternative DJIM play at $35.  GS exhausted today, KBW ...which was available for under $35 yesterday... closed at the days high at $37.08.  No easier play for a few shares out there.   We had a laggard as in one not many still associate with a financial play and it proved to be a good bet for a few points.

Where do we stop?;)

BTJ, our oil play..up 2 bucks-6% to a NCH.

CYNO hit 27.66 and still made a NCH,  NVTL almost to mid 15's and looks to solidify the $15's,  HDNG another NCH.  Some others had little spikes like SIMO and GLDN before giving it up, but they've had a few real nice days to follow up on.   Only real loss was a measly $1.20 in HURC. The few that were red, closed less than 1% off.   You can't argue with what our closely followed did today in a boring market day.   Last night, we said you might want to take some profits as this market digests yesterdays afternoon roll.   If you didn't today with this golden opportunity while the market lagged DJIM stocks....consider some tomorrow if profit taking Friday comes.   Still,  this weekend should provide some merger activity that has been shelved before the FED action yesterday.

We dabbled in some CRZ and to a lesser degree OYOG.  CRZ, asset management co' is one we watched before and it reported last night, Crystal River Captial reports Q4 EPS of $0.57 vs $0.07 yr ago; revs rise 69% to $59.1 mln . We like the way it traded and will look at a break over $28 to add.  OYOG is coming to high today and is involved in the oil and gas biz.  It's float is all of 4mln shares and when it comes at a price of $60-70 bucks, you can expect some big spreads.  We'll see if it continues to new highs before adding to a very small piece we hold now.

Bold trading...

Folks, this is the kind of market that rewards bold, aggressive trading.    Yes, it's how ironic that as little as a couple of weeks ago, we'd be hard to imagine carrying more than a few positions overnight.    These days, you just have so many choices to add at the end of day.    Good times are here it feels like.     This is the kind of trading environment, the kind of participation and the kind of opportunistic crowd we'd been looking for.    We have been very aggressive into this market last couple of days and more so today, largely due to the good actions we are seeing from the market and continued flow of new plays.     There's really not much else you can say to describe this market.   For those of us who have the luxury of playing every single play out there, don't take this for granted.   Market movements like this only come a few times a year and we simply have to fully take advantage of this sort of action.     Regardless the kind of plays you are in, whether it's  DNDN, TSL, MTRX or GROW, the common feeling out there is that mood is good and plenty of money is chasing some hot names and we as traders, HAVE to deliver on our end.

Basically, it all sounds pretty simple when it comes to making a living as a full time trader.   We try to make a killing when market is good and stay low key when the market is poor.    This time around, there's no exception that we have to way outperform an average investor/trader.     How do you stay ahead of the game in a good market?   If you have limited capital to trade, the key is to stay in the hottest names and cut the laggards the minute. the momentum slows down.    The reason for that is that since there's always a steady supply of good setups/new plays coming into the market on a daily basis, there's no reason to be hanging onto a laggard.   This kind of tactics can be very stressful but nobody said being good in this game is a walk in the park.    If you have somewhat of a big portfolio and more capital to trade like us, we'd simply play everything/anything that resembles a good setup.   The key in this case is get a starter position in an play and add aggressively to those that have the higher momentum.   Again, we cut laggards as often as we add new names to portfolio so the laggards do not drag down the overall performance after a while.  

..here is some new action we are involved in today and some initiated last week...

TSL, in our opinion this is the only solar play that mattered today.   Other solar plays may tried to give it a go but this is the only one that really shined.    Remember last week there was a block for sale at $49.80 and stock backed down after it was revealed?   Many of us are definitely eyeing it as the resistance/catalyst for a breakout.   Once it was taken down, the rest is just history and we just had to follow through.   It's looking great. Last week this was alert in the 46's, then add in 48's and today another alert around $50. BOOM..BOOM..BOOOM to 54's and almost 20% in a few days.  Recently in the forum we said liked TSL better at that time because of the set up.  There's no rule in this trading camp to how long we keep the 'one', the fave.  Simply, if we like how you behave, we reward you with capital.

MTRX, we added a little of this one and we are actually pleasantly surprised by its follow through action today.   When it came out with earning last quarter, its follow through action is nowhere near its action today.    Again, action always speak louder than words and we just have to respect it when it comes to trading.

CIMT, this little one seemed to sat back in the classroom today cuz other kids have stolen the highlights.   With us, we gave it extra attention by adding to our existing position.   The key for this one is its 2.69 mill float. To highs this alert is over 20%, we like to think there is more to come.

USAP, nobody expected this one to gap over the weekend. We expected a new high in hours, just not in minutes, but nobody expected SCHN to come out with a rosy guidance either.    NCH and potentially with other co. reporting good earning, this sector may be in vogue again as said last night.  Right time, right place.

VIP, simply the idea repeated in last nights Journal has started to pay off as it traded to over $100.

USAT, if it was 3 weeks ago, this one might just close poorly and we'd stayed away from it.   This says alot about the kind of trading environment we are in.    This stock flat lined most of the day after the initial surge and last 10 min. showed why we have to go BOLD in this market.    Speculative money is pouring into this market in force and we have to take advantage of it. The idea was to go after USAT, if the flat line didn't break down. It didn't and popped another $1 after alert in the last 3 minutes.

ISH, this is similar to USAT but with a better chart, minus the news.   Why do we play these?  Well, it'd be stupid not to.   Probability is high that this one goes higher given today's volume/price action.

URZ, not to confuse with the gold play GRZ, this is the uranium play which we are putting on our watch list and got a starter position with.    Chart is looking good and we are adding some flavour to the mix.

Others behaved well include NIHD OYOG WBD BW...

DJIMstocks.com Alerts blooming in April..

What are DJIM Alerts-Comments?. They are up to the minute "leads' to members available on our site or via email delivery. These are stocks we are closely watching for a trade, a heads up of sorts and ones we have just bought.  This section is mostly for the trader during market hours and those who are familiar with the DJIM trading methodology and the stocks from our nightly Journal.  We only send out 'only' 1-3 Alerts-Comments a day, which some days includes some of our plays for a next day move.  In the evening, we follow up in our nightly Journal blog on most of the activity that day in regards to our buys/ play listed stocks.

Here are a few examples of the DJIM Alerts-Comments feed in the first two weeks of April.

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JSDA, this was not first week we issued some timely alerts on JSDA. The latest was with this Thursday morning note with JSDA around $24 with our ready trigger fingers...

Apr 12, 2007 at 10:53AM ." Everyone seems to waiting on JSDA/9ema break yesterday,ibd mention today. We're waiting for volume to re-enter".

Apr 12, 2007 at 03:48PM    "we noted JSDA early and is our only add this afternoon/today.

Friday the 13th, JSDA exploded for another 10% and a AH's price in the high $28's

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UXG, rallied Friday to a high of $6.79 before closing up 16.2%

UXG was a DJIMstocks buy alert a few days before in premarket at $5.60's." UXG, a gold stock w/ results yesterday. Not a one day story we think, will look to buy dips here and there..bot some premkt 5.60's.for a first try"  Apr 11, 2007 at 09:27AM

The night before the BIG move, we noted UXG in our nightly Journal blog. ".....quickly climbed to over $6 at the open and a a quick 6-7% for the flippers here.  Well, we actually did some of that and as we said we will look to buy the dips, which we did later again.  Having some gold rather than the Nasdaq stuff seemed like a better idea later in the day.  We are traders and if we get 6-7% in the first 10minutes, we will take it.  It finds itself there over $6 in AH's today and we think it goes higher..."

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MFW,  a DJIM stock buy in and closely followed stock since $26-28 area.  An Alert was issued on Apr 5, 2007 at 09:41AM...

"MFW, Harland deal news last night seems to be liked".   This lead was issued with 4300 shares in the books with the price around $52.   The stock spiked to $61 high that day with volume of 1.8mln and biggest play of the day as strong momentum came to this closely followed stock by DJIM readers.  A possible 8-9 pts in one day or 15%+

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DNDN, we were prepared the night of DNDN news to play it the next day!.".....we'll most likely take a position with some funny money as in a $2 ticket at the races.  Its all about being at the show, like the Kentucky Derby and not about winning.  This is the fun of trading, you could really make some money but you must be prepared for every other possibility. This won't be a one day trade, so once in it's probably better to stick through the jumpy action. "

The next morning we were there from the start, Mar 30, 2007 at 07:24AM , issuing an alert as it traded in the $16's saying it will probably hit the $19 high. Well...it did for those wanting a quick trip.  For those buying the jumpy action and buying the idea of this being not a one day trade and holding through has paid big time as DNDN has traded over $25.

"DNDN up and running already, high of 19, now 16.60..will probably hit high again premkt..
Probably surprised a few getting up with halt released so early ..so the chasers will most likely be in bloom come 8am or so "

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GROW, Apr 2, 2007 at 01:42.  First we issued an Alert in the morning that included. "Oh yeah and potentially for a piece of GROW later" and then another that we  "also added GROW here" at 03:52PM with the stock around $28 for a breakout play.

We got a nice move the next day and then on 7 million shares the following day GROW shot to a nickel short of $35 and we were all there with our readers for a potential 25% move in 2 trading days!!

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TSL,  Apr 3, 2007 at 02:36PM,ALERT..."We've bot TSL mid 46's and will add if it gets to 48's "

          Apr 4, 2007 at 10:25AM , ALERT.."as per yesterday buy note of TSL, we've added more here in 48's "

           Apr 9, 2007 at 11:47AM ,ALERT..TSL,remember that block of 50k or so asking at $49.80? it's gone now and the march is on. We added on the break of $50 .    The next day TSL hit a high of 56.94 and on April traded up to $59. A potential 10 or more points as we took our readers through our TSL buys.

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WBD, a DJIM followed buy since September came back to our books recently in our weekend update March 28 and then alerted again the 29th.-

Mar 29, 2007 at 03:49PM-ALERT, WBD, mentioned this weekend in DJIM list. Earnings are very good and no usual sell off has happened. Looking for confirmation, might come soon over $79 to take a piece.

In 3 trading days, WBD shot up to $86+ . Another 6 point potential play in a few days!

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See preview section 2006 for the set up inside DJIMstocks.com.  (navigation bar to the left).

Above is some of the action you'll find available inside DJIMstocks.com member section.  Many more plays inside including those from our fellow traders in our daily message board forum.  For those into technical analysis/charts or wanting to take a class, we have our plays regularly updated by an experienced chartist, who just picked off a beautiful move in ASTI this week!

 Happy Trading!

Spotlight on Solars...

Some of us really wished that the trading day would last just a little big longer today.     Some of us really wished that we would repeat the same day tomorrow.   Some of us really wished that we could've started the day over so we could've better prepared for today's action.   In any case, today's undeniably a great day for the all who have been following today's winners here.   It just felt like payday, a culmination to a few highlighted DJIM stocks.     We definitely agree today was spectacular and did what we could to preserve the outcome.    Here are some of the plays today...

TSL, solar stocks stole the show today and we think this one is by far the best deal momentum wise.   Today's rise may not truly justify its presence since the break out started essentially 23 pts ago.    The question now is how high this one will go and we'll just have to monitor this one closely and with some care.

JASO, the only regret we had on this one is that maybe we should've played it aggressively and from the get go last Thursday.   But that's in the past and we just have to look at what's in store for tomorrow.   This one had a pretty big 3 day run-up which we think is not sustainable and a pullback could be imminent.   The only saving grace is that if the whole group gets some crazy momentum again, then the pullback may not come right away.  If a stock doesn't get a pullback, all you could do is go with the momentum, especially if a whole sector is running as was the case early and often today.

FSLR, in terms of percentage, this one lagged behind the others.  Funny to say when a stock finishes 6% up.  Nonetheless, this one pulled a NCH(new closing high) and we are expecting some follow through for tomorrow.

SOLF, lastly, put this one on the list too even though this is nothing more than a sympathy play. Glad to see this one pop for a few of our readers who have kept up on it.

JSDA, we were actually a little worried about this one's action today as it seemed a little climatic, or toppy as some would call it.   We are not saying that this one is done by a long shot, merely suggesting that a pullback is desperately needed.   We think that odds favours a pullback here so we let go most of our shares.    This one is heavily shorted so we think any pullback will be violent but short lived.  Of course, we are using the chart to determine the outcome as it rolls along.

URZ UXG, we took some off the table but added some URZ later on today.  Many are trying to call a top to this Uranium bubble.  We'll keep blowing air into for now.

SILC, we added some today to our buy in late last week. A NCH here

A few more to keep on top your play/watch list tomorrow...

EML, we put this back on watch a weekend ago because of the potential DOD contracts in '07 going to Armor Holdings.  Today, it closed with a NCH and got a little volume.

CYNO, pulled off a NCH, lets see if it holds here before adding.

RCCC FCSX, both of these we added to our watchlist today and are eyeing for a pullback for an entry.   These are earning plays that have had a great reaction.  With the big winners the past few days, a few earning stocks haven't got the attention from us that they deserved.

Spotlight on Solars, Part II

Climatic, climatic and climatic!   This is how we described action with TSL, JSDA and JASO toward the end yesterday.    Looking back, we felt that it was definitely a right thing to sell/ blow out our positions into the strength and leaving home with little to no position yesterday.    Was today's early downgrade merely a coincidence or was today's decline inevitable?   Whatever the conclusion anyone can come up with, we think odds did favour a pullback based on yesterday's action.    Momentum stocks tend to move up in a violent fashion and they can come down just as violently.    As traders who trade a lot of this kind of stocks, we have to respect the beasts' potential and act accordingly.  

For us, in case those are not familiar with our style.    We sell momentum stocks aggressively when they reach a climatic phase in our view..   We also sell most if not all of our position if stocks breach 9 ema or in an attempt of doing so.   This is not be mistaken with stocks that climb 20% for us and then start fading.   We do not wait for these to come to 9ema, we leave with most of gains in tact.   Use CIMT as an example here.   A $3.70-80 buy in, climbing to 4.60-70's...we do not wait for it to come down and hit 9ema like yesterday.  Look at it this way, if a stock you bought at $38...it goes to $46-47.   Will you let it slide back to $ 41's?.   We hope not , so look at a cheapie stock the same way.   These are some automatic reflexes we preach as part of our trading discipline.   Trading is solely about preserving most of the gains out of a play while cutting the losses as early as possible.    We use a rather conservative approach when dealing with these super momo stocks.   Here is a rundown...

TSL JASO SOLF FSLR, so now the stocks have pulled back and what do we do now?    We'd be eyeing 9 ema for the support and to see if the pullback can stop there for a potential quick rebound.   Otherwise, we'd be eyeing yesterday's high as the potential b/o point for re-entry.    The one thing we don't want to do now is to enter a trade here, where they closed today.   This is what we feel is no man's land and it just offers nothing but uncertainty.

JSDA, this is the exact same situation as solars and to a more extreme degree.   We really wanted to see where this stock would settle once the volume settles down.   Again, going in and picking an artificial bottom may as well mean that you are treating this game like a craps table.  

RCCC, this one held up really well but we think better entry pts are still ahead of us.  Others behaving SYNL, MFW.  Eyeing GROW, TRT some.

All this can change as lots of market moving co's. are reporting tonight , so we'd see how the market is going to react to their earnings tomorrow.   Unless the momentum is clear within a particular sector, we'd do what we normally do and pick one earning play at a time and highlight only those that are worthy of DJIM.

DJIMstocks.com still blooming in April....big gains in CMI TRCR PAE AVNR

The streak of big gainers initiated by DJIMstocks.com has continued into the final days of April.   Potential 15%, 30% 40%, 60%+ moves were just enjoyed in the last 2 weeks and are listed below.

These plays are up to the minute "leads' to members available on our site or via email delivery.  These are stocks we are closely watching for a trade, a heads up of sorts or ones we have just bought.  We only send out 1-3 Alerts-Comments a day, some days this includes some of our plays for a next day move.  We do not send endless picks, news bits on stocks with the hope you might hit on one and then put up those winners in public.   We say what we buy real time , simply we tell you what is on our trading plate and provide the DJIMstocks.com trade methodology on these plays in the evening.  Simple and concise.

Despite the recent worry of many that the market was showing signs of trouble because the mid-small caps were not participating, we stuck to our guns!. "As far as we are concerned, if you come to the party led by the big caps...you need to bring a 'wingman' or two.  Our wingman is our smaller caps.   Simply, if the large caps continue on with earnings and keep going higher...the small cap wingman will have to come out and help out.. so all can play.  One can't work without the other!".  This week we got the mid-small caps joining the party as expected at DJIMstocks.com!.

First half of April was highlighted by some big gainers JSDA, TSL, UXG and more.   

See these plays alerted to our readers. http://www.djimstocks.com/journal/2007/4/14/djimstockscom-alerts-blooming-in-april.html .   

Well, it's not only about getting the ' move' at DJIM, it is about getting out safely with your profits in tow.  We capitalized on those plays and alerted our leaving those momentum plays near the TOP.  The pullback has occurred and today JSDA sits 30% from our exit.   Here at DJIM, we just go to the next play and recycle the names when we feel we they are ready for another move..UP!

``We've blown out our positions in JSDA 30+, TSL 64+, traded some JASO and blew it out``Apr 16, 2007 at 10:30AM

``Despite the emotional feeling that these momentum runners TSL JSDA JASO can pull another 15% run tomorrow, we feel the odds favours a pullback here.....``Apr 16, 2007 at 03:34PM

So how did we finish up April with our members... here are a few of the winners we shared in!.  But that`s just part of the winners, you`ll find inside

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CMI- Cummins Inc, 

``CMI  off eps..bot $91's at 8:40 and now getting a few a bids.. still only 22k traded...looking for a nice morning open.``Apr 27, 2007 at 09:03AM-

Yes, less than 30 k was traded before we alerted in the low $90`s.  Just after 10am it hit $107+ or 15% off our note looking for a nice morning open. 15.6 MLN shares traded making  CMI one the most active and talked about stocks on the NYSE stock yesterday.

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AVNR- Avanir Pharmaceuticals

``we think this a $2 dollar ticket even in mid 4's. 20% short interest and previous prices in '06 of this stock on this drug make it worth a spec. trade ``.  Apr 18, 2007 at 01:55PM

Every night we update our trades-play list for the next trading day. Wednesday, April 18, 2007 - Note on AVNR trade.

The next day AVNR exploded to nearly $7 and a potential 40%+ early in the morning.

``The play we are referring to today is AVNR.     We looked at the cause early on today and it's obvious that it had potential.    The rest of the time we just spend looking at the action.   100%-200%, who cares.  If a stock is up 100%, it is easier for it to go 25% higher with momo than if you start with a stock at 1% gain and try to get 25% with no momo.  When dealing with a play like this one that gaps up initially in the morning, it's just too dangerous for us to jump in big right away unless we get a good price in pre-market.   If we hadn't, then there's simply too much risk entering a position right at the beginning of the day with a sizeable portion.  Or... Simply start with a small starter to keep track of, nothing that would sting you if it turns against you.   How we approach it is that we usually wait till early afternoon to see if it has a chance to take out the intraday high.   Once it did, it's almost a given to follow through with a trade for a quick flip.  A quick flip, not a quick scalp.  We are talking squeezing 10-20% out of a flip.   If the momentum is strong, we can flip it a few times provided the 5 min. chart stays on an uptrend.    Toward the end, we'd look for signs if the stock can close near the high or not.   Usually when a stock closes near the high on this kind of extreme volume, it follows through even higher the next day.   Is this guaranteed?  No!  The probability is just high in this case.   So since trading is all about getting the right probability, we bought enough toward the end to look for a good follow through tomorrow. ``

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PAE- Peace Arch Ent Grp-   Almost 60% in 8 trading days

In our DJIMstocks.com weekend edition, we recently profiled a litle known micro cap. Our concentration at DJIM is earnings, IBD, momentum plays and this one fit even if it was only opening at $1.70 the next day. It had earnings and last week was profiled by Briefing.com to help out the cause of DJIM members already holding a position in PAE.

Sunday, April 15, 2007 at 02:56PM-  DJIM Journal Week 16

PAE,  came out with earning late Friday.  It reported .06 vs. (-0.04) +250% EPS change,95 RS, following a break even Q with revenue over20mln+11m in the previous Q.  It closed at $1.65 and has market cap in the 50's mln. Even if you take out a 1 mln legal gift, they still made over a 1.2 mln in net and are now profitable.   Usually a stock turning the corner on profitability gets some attention sooner than later.  It actually got into IBD's top earning announcements column and might get a look Monday or simply crawl slowly upwards from here.   It can be a complete bore or its numbers and float and price will get some cash into.  We'll watch early, you never know...

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TRCR- Transcend Services Inc, was first a DJIM alert in January. Last week we were alerting again at $11.40`s as a buy in.

TRCR hit a high of $14.60`s Friday.  Nearly 30% in 4 trading days.

At DJIMstocks.com, we are there in the pre market with a play like CMI and after hours with a recent buy in at TRCR

Apr 23, 2007 at 04:27PM

TRCR- has put in even a better Q than when we played it last Q. .15C. CC is at 11am , so plenty of time to get noticed.
growth in sequential eps(.02/.03/.04/.09 and now .15c Q)
1st revenue Q over 10mln. Excellent yoy # and sequentially they did better.   took a starter
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See preview section 2006 for the layout inside DJIMstocks.com.  (navigation bar to the left).  See our Archives for the plays enjoyed in `06.

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DJIM #29 2007

The easiest thing to do would be to speak of the big market move last week, but we won't do that and instead look forward to the week ahead. Hopefully, we steered you in the right direction in our Journals the past while and you have stayed invested heavily in the market and our plays as they were the beneficiaries as much as anything else last week. Just looking at the list from DIM #28...DRYS TBSI LPHI AZZ FWLT PENX DDUP SCOR FSLR TSL LDK JASO and you see who played with enthusiasm.  If you need still need to grasp the significance of last weeks action, just look at the weekend charts/comments.  Funniest quote so far heard though, is ..."meanwhile while the media is enjoying their victory lap, many investors are less than enthusiastic about the moves in their accounts at the end of the week....they didn't see the same huge gains in their accounts".  Name the the tout and win a free month at DJIMstocks...NAH, that wouldn't work as too many of you are quite familiar with this singer.  Sounds like sour grapes for some reason, if you ask us!.   At this point in the game, we have to look for some potential stalled action, fortunately we have earnings as the base of this DJIMstocks and it should not stop us from going forward as earnings will pick up this week and new picks will start to show their colors.  We already had some nice reports from CCF, GBX, SCHN  indicating a diverse crop of good reports possibly to follow. Use our Earnings Dates link to see some notables reporting.  Again, we ask for members to post within that link any earning dates for DJIM stocks past and present plays you might come across and we will edit them into a list for all to keep track of this Q.  Going forward, we're basically keeping to the same list as last weekend of stocks we are concentrating on, plus a few new ones that appear all over DJIM last week.  Take into consideration some stalling action in the market realistically should come to some of our names as well.  When that happens we wait and see if the stock sets up again for us to enter a buy in. Examples of this are PENX and DDUP late Friday. LPHI was another were patience is rewarded as it put in a 5pt move after we moved in again.  There is not much to add to individual stocks that was not already said last week, nothing has changed really in our thinking towards those plays  A few other breakouts of past DJIM stocks that we have not signalled out but have been mentioned in our forum such as CMED, SPEC should also be included in any watchlist. The most important thing right now is probably to start freeing up some cash if you are heavily invested to use on new plays that will emerge.  It is quite hard now as everything seems to be running and gunning out there, but it is something you might start doing this week.