Posted by: eminitrader January 25, 2007
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CTEL gapped up in the morning and gave up most of it throughout the day. These stocks are good for day-trading but not as good for swing trading or long-term trading. It is time to be buying strong Nasdaq stocks. I still like HLIT and INPC. They had a nice run yesterday but there is more to go.
WU that I had mentioned previously is not performing as strong. It is time to dump that stock and put money elsewhere.
So here are my picks so far:
LLTC, SVNT, OVEN, HLIT & INPC.