Friday, February 26, 2010

Portfolio Update

CPLPL had a bearish day on less than average volume. The price movement was narrow but the low was higher than the previous day's. The result was the Stochastic and MACD indicators still going down, but maintaining a shallow decline. I think it may continue to go up a little more.

EVEP had a bullish day on less than average volume. The price movement was also bullish and resulted in Stochastic and MACD indicators still moving up. I am bullish this stock still.

SLV had a bullish day on less than average volume. The price movement was also bullish after a gap up and resulted in the Stochastic and MACD indicators turning up more. The high on this price movement out did the high of last Friday suggesting that further gains are possible. I am still bullish this move.

My paper trades saw a mixture. S had a bullish day and my call options followed suit. As a result some of the loss on it has been returned, but much is left to regain. ISPH had a bearish day after starting up a little bit. Although the low was higher, there is not enough to determine that this may be a change of direction. My sold call options against it are in good standing still. That is my opinion, you can take it or leave it.

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