Wednesday, November 09, 2005

Wednesday's After Market

The market closed near the unchange mark for all exchanges. Another digesting mode for the market. The market was for a brief moment, then it faded away because of the explosion from Jordan. Terrorism is still a concern for all of us.

Even though the Jordan explosion caused the market to came down from its high, but it was still up for the day. The uptrend is still intact. To play the terrorism theme, ASEI is a good play. It ran up more $5 today because it blew the estimate, and it is in the right industry.

I ran an alert this morning on TIII, if you read the previous posts, you know why this ran up today. I believe this one still has a lot of upsides.

CSCO reported earning after close, it ran up about 0.45 after hour. This stock is over own by many institutions and investors. It is the yester-year stock. We may have a good day for the networks tomorrow at the open. It is too boring for me to own it. No momentum at all.

After Market Movers (Not too much action):
Positive Momentum Movers (none worth while mentioning):

Negative Momentum Movers:
SNDA

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