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07 Aug
Posted by Sensei @ 10:08 am on Thursday, August 7th, 2008 in Biotech Stocks, Oil Stocks, Trades, coal stocks
RTK exploding today up another 11-12% bring my gain up to the 31% area on news that they have successfully created synthetic fuel. The chart was “saying” something was coming. There might be a little squeeze in this one. It also might be a sell here on the pop. I want to watch it closely to look for a break to the upside or downside. I’m not ruling out a sell on this one.
SNTS is also moving in the positive direction. Up a couple of percent. Up 8-9% right now on it.
EJ – Down a little bit today, but its off the same screen as the two above so I expect fireworks in the near future.
KSS – Got slammed in the morning on same store sales, but holding up well. I love this action and its qualifying on the same screen as the stocks above. URBN looks better though than KSS.
I didn’t cover my index long last night (which was dumb because it was a gain of around 3% off the bottom of yesterday), but I am buying weakness this morning more heavily. I was lightly positioned yesterday.
Tags: ej, fireworks, kss, qld, rtk, snts, squeeze, stocks, synthetic fuel, urbn, uwm
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