Pre-open 08-11-2006....

Crazy day, but a day to make money nonetheless. I did have to close the PEET trade and the stock went against me after I sold. I almost expect stocks to go up right after I sell. It does not bother me as I am more concerned with sticking to my stop losses than stocks that rise after the sell. The ROST trade worked for me and actually was included in charts today after a nice bullish engulfing--tomorrow could be great.

Speaking of charts, I received 324 charts from my script today. I think that is a record and more importantly, my favorite bullish engulfing is the dominant candlestick pattern. Good stuff. The sad part is many stocks are too bought to make a good base for entering a trade. I did find 13 charts that I like. I have a 1/2 position available if the market continues to improve. Hopfully ROST will continue to perform as well.

Watch list: COCO, JCOM, MOGN, MCRS, RHB, WNC, ROST, SXT, A, HET, HSY, ATW, CRR

As for the PEET trade: sold all 5.78481 shrs at $25.398

PEET: -$3.08 or -2.05%

I'll update my trades as needed.

For now,
Masterjaz out