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Fri: Buys PSFT DROOY EMRG FMDAY KKD ALAN RMBS IFX Sells: OEX

 
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arthur
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PostPosted: Thu Aug 19, 2004 2:14 pm    Post subject: Fri: Buys PSFT DROOY EMRG FMDAY KKD ALAN RMBS IFX Sells: OEX Reply with quote

Fri: Top Buys PSFT DROOY EMRG FMDAY KKD ALAN RMBS IFX SMH INTC Top Sells OEX DIA

PSFT may rally on approval of the ORCL takeover. DROOY is an undervalued gold stock. EMRG fell little on low volume, which is bullish, and FMDAY rose little on low volume on a down day, which is even more bullish. KKD has a very high short interest ratio and high put/call, which is typically bullish. ALAN has been volatile and it's currently low. RMBS and IFX are in a patent infringement court battle. Both fell today, while RMBS fell sharply. I tend to believe RMBS has great upside potential. However, also buying some IFX in case it wins the suit may be a good idea. SMH and INTC are both relatively undervalued compared to OEX or DIA.
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