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Stockscom Alert - Feb 4 2004

 

Today’s trading gave us a strong indication of further weakness especially in the tech sector. Whether or not the magnitude of the correction is great, it is imperative that we adjust to the new reality and be prepared to make our exits.


Date of Entry

Name

Symbol

Entry Price

Current Price

Stop

Action Rating

11/13/03

ABB

ABB

6.14

5.68

 

H

09/29/03

AES

AES

7.50

9.76

9.00

EXIT

08/25/03

Bema Gold

BGO #

3.08

3.05

 

H

12/08/03

BHP

BHP

17.18

17.08

 

H

01/12/04

Beta Oil and Gas

BETA

3.25

3.00

 

H

09/29/03

China Unicom

CHU

8.18

11.03

10.49

H

05/12/03

Cott Corp

COT #

20.02

27.80

26.50

H

12/08/03

Inco

N #

35.70

34.90

 

H

12/08/03

Nanophase Tech.

NANX

7.64

10.97

10.00

H

01/12/04

ON Semiconductor

ONNN

7.59

6.98

6.70

H

12/15/03

Overstock.com

OSTK

20.35

17.62

17.00

H

01/12/04

Red Hat Inc

RHAT

21.10

17.46

 

SELL

01/12/04

Sierra Wireless

SWIR #

21.95

25.64

22.50

H

12/01/03

Steelcloud

SCLD

5.05

3.44

 

SELL

11/03/03

Wheaton River

WHT #

2.36

2.57

 

H

 

New stops in BOLD

* Stop on a closing basis

** Buy if above entry price

 


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