Wednesday, January 31, 2007

SBIB...

Bought into SBIB yesterday after it was looking good in the morning. A couple other stocks in my watchlist also looked good, but had gapped up and I am always concerned with stocks filling their gap, so I avoided them. Futures look weak this morning, so I'll see if this trade holds. I've had some misses and would like to see a winner to close out January... See my notes:
The nice benefit is the stop tight that is now 1% lower. Yesterday's price action suggested the stock is ready to pop.

Watch list for today: CGNX, HOTT, and BTH

For now,
Masterjaz out


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