Updates on TASR, GOAM, FORD

TASR:

• I sold TASR in the openning today and bought some back right before the close. I'm expecting to see a follow-up PR soon OTHERWISE 12.5 may not hold tomorrow and 12 will be my next re-entry point.

GOAM:

• This stock failed to resume its previous run and broke down to the lower end of its 10-day range during the last half-hour. I think this big selloff was primarily contributed to NAS's weakness in the last trading hour and it had nothing to do with the company itself or bad news. Bought some shares during the final hour selloff at 8.06 and I'm expecting a retracement to 8.5-8.8 tomorrow.

FORD:

• FORD's chart still looks bullish to me at this point, it made a new 52-week high today and formed a High Low High High bullish flag. However, its failure to sustain its breakout and to close above 12 along with NAS's continuous weakness remind me that this bullish flag might be a trap and "Serenity Before the Thunderstorms". So here's my suggestion: Take the long side ONLY if the market is holding well and showing strength and put your stop-loss at just below 11.44 (day low); Take the short side IF NAS breaks 1990 and starts heading south from there. I'm looking at 10 to cover if this is the case.
• http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=ford&sid=0&o_symb=ford&freq=1&time=4

Good Luck for tomorrow and stay tuned for more updates!