Midday Update

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February 1, 2008

Bought: ABK @ 13.14 and 12.93, KONG @ 5.19, DSTI @ 3.39, CTDC @ 5.64

Sold: EMKR @ 13.47 for a gain of 12.8%, DRYS @ 75 for a gain of 32.7%, DSTI @ 3.31 for a loss of 2%, CTDC @ 5.22 for a loss of 7%.

I’ll probably complain about selling my last bit of DRYS as it climbs, but I will look to buy on dips. Alot of gaps in the daily chart and it is susceptible to a pullback to 70. Good potential buy point. ABK is the big performer today. News on that is that there are a consortium of banks looking to bail out ABK and only ABK.


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