daytrade diaries... september 14, page-2

MOY: Watching the open for confirmation of breakout from Friday.

ARM: Consolidated very nicely on Thursday and Friday. Looking for a move well into the 40's this week.

BCN: With the gold price up $10 should generate further interest. In the process of completing a cup and handle formation with a target of around 5 cents.

XEN: Looking for more volume this morning to rid the market of teh seller at 26/26.5. Once this is complete I expect a run to the 30's.

OVR: Looks like I may have been wrong about the seller being finished. Waiting for the stream of 100K and 50K orders to finish before buying more. An update from the company must surely be due soon.

BGD: If there is no increase in the next day or so it looks like the flag pattern will break down.

WCU: I detected a distanct change in the depth on Friday. Now I will wait for more buyers to step up to market prices for confirmation of a move north.

Have a great trading week everyone. We all should keep in mind the need to "make hay while the sun shines".