Tuesday, October 6, 2009

Trade review for Tuesday, October 6, 2009

I basically sat on my hands today with exception of buying into a small cap energy name. My swings were doing well again today so I just sat back and did other work as I watched the market.

Natural Gas plays continue to perform from (APA) all the way down to the small names. Energy seems to be the theme for funds, hedgies, and retail players going into the end of the year.

(MSPD) had a nice pop today 2 days after it received an upgrade and $7.00 target.

(HIG) got an upgrade this morning and did not look back.

(UTEK) broke out today on a mid-day upgrade and closed at it's hi. I passed on it at 13.80 because I thought it was extended....nice.

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