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Thursday, March 24, 2005

ABLE & SYBR for tomorrow

ABLE:
  • Got stopped loss out at 12.06 today but re-entered at 12.16 before the close. I guess MMs were trying to take out a large number of stop-loss orders sitting below 12.10 and accumulating at high 11 range at the same time. Their strategy is to trick weak hands to sell and accumulate at lower prices to prepare for the next run-up. I think ABLE is ready for another run tomorrow and I will buy more in the opening if it looks strong. How high is MM going to take it to this time? We will see it soon:)
  • http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=able&sid=0&o_symb=able&freq=1&time=5

SYBR:

  • This stock has been on my watch list for several days now and it looks ready to break out of this level. I'm interested in buying it tomorrow morning with a stop-loss below 2.95 . I'm looking at 4 to unload.

Stay tuned and trade well for tomorrow!

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