Thursday, October 04, 2007

Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

In Play: APPY, SLI, SSRX

APPY is in the midst of working on its pivot point. SLI has a nice bounce off the 50 day MA. Cut your loss with a close below the 50 day MA. SSRX has formed a decent pivot point. Notice how it has bounced off today's low. The stock was down over 7% earlier and it has regained some strength. Cut your loss on it if it drops 7% from the new buy point.


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