Thursday, December 20, 2007

Aggies are On the Move


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As mentioned in one of my previous posts, Aggies should be one of the hot sectors to watch in 2008. Today, there was clearly a sector wide breakout.

Picked up POT @128 today.
original stop=126, target=134. But if it acts healthy at around the 134-ish level, I will keep it and let it run.

RIMM refused to breakdown below $99 in the past two weeks, and now it has zoomed up to $119 in the after hours session on the good earnings report. This combined with Oracle's feel good report, might be enough of a catalyst to set off a market rally for the last week of the year. If that unfolds the way I think it might, then I will definitely hold onto POT.

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