Trading Plan for 2006-10-01

Major Open Positions
AAPL, NIHD, RIMM, BEBE, AKAM, GRMN, AEOS, BRCM,BDC

Momentum WatchList

AAPL - now building what looks like a tight flag/box which should give another buy point.
LIFC - buy point is when it clears 30/33 box on good volume. Stock tends to be choppy
BDC - another buy point is when price clears the top of the current 37/40 box
BRCM - $31 is still the magic number. I would risk no more than 1.50 on this stock
BIDU - still chopping around within 83/92 box.
MS - high growth in a very strong sector. Buy point as price clears the highest 70/74 box

Swing WatchList

VIP - finally a better looking trend reversal HAMMER candle as price pulled back. Buy above $61.00 with a stop below $59.50

GIGM - an inside cross is printed as price pulled back , buy as price clears $11.55. Risk should be not more than $0.50.


A couple of SHORT swinglist : IPS CG DRQ