What Worked Today 1022007

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October 2, 2007

Being long stocks. I was actually long the indexes, but I chumped out and sold into this mornings weakness. It was a mistake because the difference between the NDX and RUT would have yielded a profit of 1.64%. F$%^! Just a really bad trading decision. If MU trade doesn’t work out tomorrow (I see its down AH) that will dumb trade #2. But enough of this minor stuff, lets talk about what worked today!

INNO, ICTL, TBUS, EGI all moved up today that was good for one of my baskets, I forget which number this is.

TBUS weekly chart from 10-2-07 midday

TBUS weekly chart from 10-2-07 end of day

I want to see TBUS break that overhead trendline and cause a run. A lesson in buying too early perhaps?

QMAR continued its breakout today adding on another 5% today. Up 15%

HSVLY makes another new 52 week high. So shocking. This is one of those stocks that nobody is talking about anywhere, but here. Up 17%.

GIGM – Nice move today.

The star of the day though is UVE – Universal Insurance Holdings – Formerly known as UVIH almost a 3 bagger since I started blogging about it in February (it was before that, but I never tagged the post so I can’t find it).

UVE up 21.81% just today alone. Up 33.5% in all accounts.

UVE Breakout 1022007




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