Pre-open 07-26-06...Late...

Really late this morning, but I hope to get this posted before the market opens. Luckily, I'm completely vested and am not overly concerned with the early market action. The two open trades, ZMH and AFFX, performed admirably yesterday, especially ZHM's late after pop. I will be taking profits in half that position as the $57 target has been reached. The next questions is: will it fill the gap up?

As for future trades, my tcl/tk script returned 80 charts and I only really liked BMHC, the rest were so so. Given the modest two-day rally, it is not surprising that fewer stocks meet my oversold conditions based on CCI and Slow Stochastic indicators. For now, I will wait.

CHH, a stock in my long-term IRA, is getting killed in the pre-market after missing their numbers yesterday afternoon. I'm not selling, but I am not buying either. The stock has a history of tanking, then regaining the loses within a month or two. My first position in CHH came from a similar blow-up in Feb. On the other hand BER's numbers were great.

I'll keep abreast of my trades and post any buying or selling.

For now,
Masterjaz out