Thursday, August 31, 2006

Pre-Market

Dumped CHS at breakeven when I read that the August same store sales decreased 2.6%.

Gapping Up: CYTR +17%, SEAC +15%, JOYG +7.8%, OLAB +7.3%, GYMB +5.5%, CIEN +5%, RCL +5%, JWN +4.8%, LWSN +4.3%, FRED +4.3%, RMBS +4.2%, BEBE +2.2%, NVLS +1.6%... Gapping Down: AD -29%, JOSB -15.8%, JDSU -10.6%, LTXX -8%, DRYS -5.5%, PSUN -4%, BOBJ -1.3%, ASML -1%... ETF Movers: GLD +1.2%, QQQQ +0.18%, OIH +0.40%, XLE +0.32%

2 comments:

monkeydust said...

Looks like your selling of CHS was the buy signal. :)

THE had a nice breakout too. Will it continue?

Jamie said...

I'd like to see CHS gap up on the open tomorrow and make a run for $20.00. ;)

$37.00 is a notable support/resistance level for THE. If it can get some traction off of this level, it can go higher. Volume was bullish today so that's a good sign.