Thursday, September 29, 2005

Stock Journal 9/29/2005

INDICES
Nice day for both, but especially the NASDAQ, which followed through with a 1.22% rise in higher volume. Time to start hunting for new positions. NASDAQ NYA

HIGHLIGHTS
CBG - up 4% on lower volume.
RTSX - up 3% on lower volume.

LOWLIGHTS
MNTA- down 4% on lower volume.


NOTES
Amazing how markets can seemingly turn on a dime. Today we get a nice follow through which gives me the go ahead to look for new positions. Some people are attributing today's bullishness to so called "window dressing" by the professionals, but I am not really concerned about the whys. My plan is to keep an eye on the day to day action to see how it all plays out. Should be interesting regardless.

CURRENT HOLDINGS (longs)
ACAD, CBG, CONN, FOXH, HEP, HOS, IDIX, MNTA, NURO, PRPX, RTSX, TRW, VCC, WSSI

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