Monday, October 17, 2005

Stock Journal 10/17/2005

INDICES
NASDAQ and NYA continue their bounce in lower volume. How much longer will it last?NASDAQ NYA

HIGHLIGHTS
NURO- up 4% in lower volume for a new high.
ACAD- up 3% on new analyst coverage.
FOXH- up 5% on higher volume.

LOWLIGHTS
NONE

NOTES
For now its just a low volume bounce. We'll see how it develops. This was day 3 of a new rally attempt on the NASDAQ. Will continue watching to see if we can get a follow through in the next 4 days.

CURRENT HOLDINGS (longs)
ACAD(+33%), CBG(+23%), CONN(+50%), FOXH(+32%), HEP(+15%), IDIX(+20%), NRMX(-1%), NURO(+158%), PRPX(+45%), RTSX(+52%), TRW(+24%), WSSI(+15%)

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