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Long Play Updates

Archstone-Smith - ASN - close: 38.10 chg: +0.17 stop: 36.26 

No change from our previous updates. We're targeting a move into the $38.50-39.00 range. 

Picked on May 06 at $36.26
Change since picked: + 1.84
Earnings Date 04/26/05 (confirmed)
Average Daily Volume: 811 thousand

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Canon - CAJ - close: 53.79 change: -0.39 stop: 52.85

No change from our weekend update. 

Picked on May 29 at $55.24
Change since picked: - 1.45
Earnings Date 04/27/05 (confirmed)
Average Daily Volume: 157 thousand

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Caremark - CMX - close: 43.54 chg: +0.42 stop: 41.95 

It looks like CMX might bounce from the $43.00 level but we remain cautious. No change from our previous update. 

Picked on May 09 at $43.30
Change since picked: + 0.24
Earnings Date 05/03/05 (confirmed)
Average Daily Volume: 2.6 million 

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Greenbrier Co - GBX - close: 28.60 change: +0.00 stop: 25.49

GBX continues to churn sideways like the Dow Transportation average. No change from our previous update.

Picked on June 01 at $28.67
Change since picked: - 0.07
Earnings Date 06/29/05 (unconfirmed)
Average Daily Volume: 227 thousand

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General Electric - GE - close: 36.55 chg: -0.08 stop: 34.95

GE is slowly getting closer to our suggested entry point but thus far we remain on the sidelines. Our plan is to go long the stock on a dip into the $36.00-35.50 range. 

Picked on May xx at $xx.xx <-- see TRIGGER
Change since picked: + 0.00
Earnings Date 07/16/05 (unconfirmed)
Average Daily Volume: 18.7 million 

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Georgia Gulf - GGC - close: 34.91 change: +0.01 stop: 30.95

A mild day in the markets left GGC to consolidate most of the session in a narrow 30-cent range. No change from our weekend update.

Picked on June 05 at $34.33
Change since picked: + 0.58
Earnings Date 07/28/05 (unconfirmed)
Average Daily Volume: 598 thousand

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ExxonMobil - XOM - close: 58.45 change: +0.07 stop: 55.90

Another strong day for crude oil kept the oil stocks in the green today. No change here from our weekend update.

Picked on June 09 at $58.44
Change since picked: + 0.01
Earnings Date 07/28/05 (unconfirmed)
Average Daily Volume: 20.9 million 

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Humana - HUM - close: 38.57 chg: +0.42 stop: 34.99 

No change from our previous update. Our target is the $39.75-40.00 range. 

Picked on May 09 at $36.33
Change since picked: + 2.24
Earnings Date 05/02/05 (confirmed)
Average Daily Volume: 1.3 million 

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Microsoft - MSFT - close: 25.31 chg: -0.12 stop: 24.60

Almost! MSFT dipped to $25.26 this morning but has not yet hit our entry point to go long the stock in the $25.25-25.00 range. Remember, you the reader may want to wait and see MSFT rebound first before considering new positions. A breakdown under the $25.00 level would break the current up trend of higher lows and we would exit this play. 

Picked on May xx at $xx.xx <-- see TRIGGER
Change since picked: + 0.00
Earnings Date 07/28/05 (unconfirmed)
Average Daily Volume: 70.8 million 

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Marvel Enterprises - MVL - close: 21.08 change: -0.15 stop: 20.45

We continue to suggest caution and wait for MVL to trade back over $21.50 or $22.00 before considering bullish plays. 

Picked on June 01 at $21.86
Change since picked: - 0.78
Earnings Date 07/28/05 (unconfirmed)
Average Daily Volume: 911 thousand

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Nova Chemicals - NCX - close: 31.19 change: +0.50 stop: 29.99

Short-term technicals are looking better given today's 1.6 percent bounce but we would be careful considering new bullish plays. 

Picked on June 01 at $33.03
Change since picked: - 1.84
Earnings Date 07/20/05 (unconfirmed)
Average Daily Volume: 660 thousand

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Sirius Satellite Radio - SIRI - cls: 5.99 chg: +0.34 stop: 5.45 

SIRI really out performed the markets today with a six percent gain after announcing a new breakthrough in its technology to increase programming capacity with its current infrastructure. The news propelled the stock higher on above average volume and shares look poised to breakout over resistance in the $6.00-6.10 region. 

Picked on May 22 at $ 5.65
Change since picked: + 0.34
Earnings Date 04/28/05 (confirmed)
Average Daily Volume: 40.0 million 

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Yahoo! Inc. - YHOO - close: 36.90 change: +0.09 stop: 35.99 

No change from our weekend update. 

Picked on May 18 at $36.05
Change since picked: + 0.85
Earnings Date 04/19/05 (confirmed)
Average Daily Volume: 20.9 million 

Short Play Updates

ManTech Intl - MANT - close: 28.99 change: +0.62 stop: 30.05

No real change here. MANT continued the late Friday bounce today and filled the gap down from Friday morning. We are not suggesting new bearish plays and may choose to exit early if shares continue to show much more strength. 

Picked on June 07 at $28.42
Change since picked: + 0.57
Earnings Date 08/15/05 (unconfirmed)
Average Daily Volume: 165 thousand

Closed Long Plays

None

Closed Short Plays

Ball Corp - BLL - close: 38.37 chg: +0.89 stop: 38.15 

We cannot find any news to account for the move but shares of BLL really took off today. The stock broke through resistance near the $38.00 level, consolidated above this level for a while and then continued to climb higher. We were stopped out of the play at $38.15. 

Picked on May 05 at $38.98
Change since picked: - 0.61
Earnings Date 04/28/05 (confirmed)
Average Daily Volume: 611 thousand

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