Stock Journal 8/31/2005
A nice day for the Nasdaq as it was up 1.05% today on heavier volume clearing its 50 dma.

The NYSE was up 1.34% also regaining its 50 dma.

The stance is still defensive, but this could change with a follow through day in the next four days.
Current Holdings:
ACAD, CBG, CONN, FOXH, HEP, HOS, IDIX, MNTA, NURO, PRPX, RTSX, TRW, VCC, WSSI