daytrading diaries...wednesday, page-6

Morning all and today is officially 'lick your lips day'...

We have an interesting turn of events. The DOW's strong finish today (+236) on the back of an only 19 point drop in the Ords yesterday provides a BIT of impetus to buy.

Some of todays bevvy of beauties will include:
FMS (5.9), EHL (23), HFA (7.8), MGR (76.5), MGX (45.5) and might as well add MAK at 45.0. NXS at 34.5 is also very tempting. We had a bit of a run on VPG yesterday and will watch today. Finally to VBA! Well, my target for a bounce at 22.5 wasn't hit yesterday - fell short by 0.005.... but what a bounce!!! Expect more of the same today.

I have bought more EHL, took at shot at MQG at $19.06 (should rally nicely today). Same I didn't hold WES from $17.12 - I think that will see over $18 today! Still holding SSM from 25... It's OK to trade, but close out positions!!!

More later

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