Happy Trader

Happy Trader
May we have many days being the Happy Trader

Monday, November 8, 2010

Morning Watch

A lovely NY morning with hail coming down and me scrambling to move my car for alternate side parking.  The market started a little weak but is trying to stabilize.  I haven't made any moves yet other than to dump some holdings I brought in from last week.  I was fortunate to make a small profit on them and am now looking for new ideas.

A few pennies have caught my eye as potential.  IMGG is continuing strength from last week and is at .21 up about 35%.  TAON is hitting new intraday highs at .019 up 170%, DGRI is at .031 up 82% and SNEY is trying to regain some of the ground it lost late last week.  I hate to chase at new highs so will not likely buy any of those here, but if given a pullback might consider them.

Among more pricey names (though not exactly high flyers) URRE is hovering near 2.10 and FCEL is looking somewhat promising.  Again, I want to wait and get a feel for how things develop before pulling any triggers but I'll let you know when and if I do.  Those are just some things that piqued my early interest.

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