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Long Play Updates

LM Ericsson - ERICY - close: 35.38 chg: -0.63 stop: 33.75*new*

Well we've been telling readers to watch for a dip into the $35.00-35.50 range and that's what ERICY provided today. A bounce from here could be used as a new bullish entry point. We're going to raise our stop loss to $33.75 near the simple 50-dma.

Picked on August 03 at $35.19
Change since picked: + 0.19
Earnings Date 07/21/05 (confirmed)
Average Daily Volume: 1.9 million
 

Short Play Updates

Assured Guaranty - AGO - close: 22.15 chg: -0.02 stop: 23.26*new*

AGO continues to consolidate sideways in a narrow range. We remain bearish but need to leave room for AGO to bounce back toward the 10-dma near $22.50. We are lowering the stop loss to $23.26. Our target is $20.50-20.00.

Picked on August 10 at $22.39
Change since picked: - 0.24
Earnings Date 08/04/05 (confirmed)
Average Daily Volume: 229 thousand

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A.S.V.Inc - ASVI - close: 46.13 chg: +0.71 stop: 48.01 *new*

We have nothing new to report on for ASVI. We're not suggesting new plays at this time. We are adjusting our target to the simple 200-dma, which is currently near $41.00. We are also lowering the stop loss to $48.01.

Picked on July 28 at $45.87
Change since picked: - 0.45
Earnings Date 07/28/05 (confirmed)
Average Daily Volume: 120 thousand

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ATI Tech. - ATYT - close: 11.86 change: +0.06 stop: 12.55*new*

There is no change from our previous updates in ATYT. Our target is still the $11.50 level. We're lowering our stop loss to $12.55.

Picked on July 17 at $12.83
Change since picked: - 9.07
Earnings Date 09/22/05 (unconfirmed)
Average Daily Volume: 5.9 million

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Anheuser Busch - BUD - cls: 44.36 chg: +0.10 stop: 46.25

BUD's long-term pattern continues to point lower. Our target is the $40 region by its October earnings.

Picked on July 28 at $44.77
Change since picked: - 0.41
Earnings Date 07/27/05 (confirmed)
Average Daily Volume: 2.3 million

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Hansen Natural - HANS - close: 43.38 chg: -0.21 stop: 47.51

There is no change from our previous update. HANS continues to consolidate sideways under its simple 50-dma, which is acting as overhead resistance. Our target is the $38-37 range.

Picked on August 10 at $43.37
Change since picked: + 0.01
Earnings Date 02/16/05 (unconfirmed)
Average Daily Volume: 1.1 million

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Intl Game Tech. - IGT - cls: 26.79 chg: +0.27 stop: 28.51

IGT hit a new relative low this morning. We see no changes from our previous update. Our target is the $24.50-24.00 range.

Picked on July 21 at $27.21
Change since picked: - 0.42
Earnings Date 07/21/05 (confirmed)
Average Daily Volume: 2.3 million

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Juniper Networks - JNPR - cls: 23.48 chg: -0.12 stop: 24.70

JNPR is just oscillating sideways now between $23.00 and $24.00. We would not suggest new positions at this time but continue to target the $21.50-21.00 range.

Picked on July 21 at $23.90
Change since picked: - 0.42
Earnings Date 07/19/05 (confirmed)
Average Daily Volume: 7.5 million

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Jos. A. Bank - JOSB - close: 38.57 change: -1.38 stop: 42.21

JOSB is off to a decent start with a 3.45% decline today on volume that's more than double its average. Shares confirmed the breakdown under $40.00 and also broke down under its simple 100-dma. Our target is the $35.50-35.00 range. Don't forget that we plan to exit before JOSB's September earnings report.

Picked on August 16 at $39.95
Change since picked: - 1.38
Earnings Date 09/08/05 (unconfirmed)
Average Daily Volume: 297 thousand

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LifePoint Hosp. - LPNT - cls: 45.59 chg: +0.16 stop: 47.26

LPNT tried to bounce this morning but the rally failed at its 100-dma. We remain bearish but would not consider new positions until LPNT traded back under the $45.00 mark. Our target is the 200-dma near $41.50.

Picked on August 16 at $ 44.95
Change since picked: + 0.64
Earnings Date 07/27/05 (confirmed)
Average Daily Volume = 686 thousand

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O M I Corp - OMM - close: 16.24 change: -0.42 stop: 18.01*new*

Oil-related stocks were hit hard today with profit taking and OMM was no exception. Shares lost 2.5% on very strong volume, which normally suggests more weakness ahead. We're lowering the stop loss to $18.01. Our target is the $15.25-15.00 range.

Picked on August 14 at $17.20
Change since picked: - 0.96
Earnings Date 07/25/05 (confirmed)
Average Daily Volume: 1.4 million

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Royal Caribbean - RCL - cls: 43.97 chg: -0.06 stop: 47.01

We see no change from our previous update. Readers might watch for a bounce back toward the $45.00 level or more correctly a failed rally near the $45.00 level as a new entry point for shorts. Our target is the $41.25-41.00 range.

Picked on July 27 at $45.50
Change since picked: - 1.53
Earnings Date 07/27/05 (confirmed)
Average Daily Volume: 1.3 million

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Xilinx - XLNX - close: 26.70 chg: +0.03 stop: 28.26

XLNX continues to channel lower. We see no changes from our Tuesday update. Our target is the $26.10-26.00 range.

Picked on August 04 at $27.91
Change since picked: - 1.27
Earnings Date 07/21/05 (confirmed)
Average Daily Volume: 6.1 million

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Yellow Roadway - YELL - close: 51.46 chg: +1.17 stop: 54.01

YELL's rebound today failed at the $52.00 level near its exponential 200-dma. Readers may want to use this as a new bearish entry point to short the stock. Our target is the $48.50-48.00 range.

Picked on August 08 at $51.77
Change since picked: - 0.31
Earnings Date 07/28/05 (confirmed)
Average Daily Volume: 1.4 million
 

Closed Long Plays

None
 

Closed Short Plays

D.R.Horton - DHI - close: 35.30 change: -0.48 stop: 38.45

Target achieved. Homebuilders continued to see some profit taking today and shares of DHI tested its 100-dma near $34.75. The top of our target range was the $35.00 level.

Picked on August 07 at $38.45
Change since picked: - 3.15
Earnings Date 07/21/05 (confirmed)
Average Daily Volume: 2.9 million

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PAR Tech - PTC - close: 24.96 chg: -2.37 stop: 31.01

Target achieved and surpassed. The sell-off did indeed pick up speed in PTC and shares lost another 8.6% today on very strong volume. PTC broke down below its 100-dma and round-number support at the $25.00 level. Our target was the $25.25-25.00 range.

Picked on August 15 at $29.40
Change since picked: - 4.44
Earnings Date 07/27/05 (confirmed)
Average Daily Volume: 159 thousand
 

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