Good momentum leads DCTH higher in early morning trading. A bit extended in the 8.70’s and that is the resistance area. Mid day support is in the 8.40’s. Just like CRUS do not chase this stock. This could dive in a heartbeat. [wikichart align=”center” ticker=”DCTH” showannotations=”true” livequote=”true” startdate=”26-01-2010″ enddate=”26-07-2010″ width=”570″ height=”365″]


Video is of  ARNA. Text watchlist is of DSTI, CRUS , MLNX DSTI Looked dead in the water as it blew through the 2.70’s fast. It continued downward all day until it stopped at 2.25ish.Then during the last hour of trading , as with most stocks  on Friday,  DSTI runs straight up to the 2.60’s. […]


IDT has a double top set in the mid 17.20’s. Volume is light across the board and I’m wondering how much upside potential is left today. This is not a current short sale candidate as commented in today’s watchlist. [wikichart align=”center” ticker=”IDT” showannotations=”true” livequote=”true” startdate=”23-01-2010″ enddate=”23-07-2010″ width=”570″ height=”365″]


PWER  resting at the high of the day in the 10.15 area. Volumes are lite so I question the ability of a breakout. Will watch closely to see if volume can ramp up. May short if this thing it it fades in the 10.20’s [wikichart align=”center” ticker=”PWER” showannotations=”true” livequote=”true” startdate=”23-01-2010″ enddate=”23-07-2010″ width=”570″ height=”365″]


During an interview while promoting his upcoming movie “The Expendables” , Sylvester Stallone said that the movie  Batman featuring Micheal Keaton was the death of the true action hero. Stallone said nobody wants to see macho muscular hard core men kicking tail, they want to see special effects and Velcro muscle outfits .  I have always liked Stallone but I […]