Wednesday, June 22, 2011

Almost

They should have closed the markets at 2 pm. DNS -80, -18, -8.

Trades:

I sold ZAGG per the previous post. I was pretty pleased that I sold when it was up almost 12% ... especially when it dropped back 7%. But then it closed up 18.5% while the rest of the market was turning tail.

Reversal alerts: (9). ALTR is the best of the bunch here with strong double digit sales growth until now. Earning will be falling back a bit with slower sales growth, but estimates have been nudged upward.

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