No New CANSLIM Swing Longs, Two Speculative Longs, And Two Stocks I Am Adding To My Position.

January 25, 2007

New Speculative Swing Longs: KAR ZICA

KAR is breaking out of a tight flat base on very strong volume. However, I am not sure why this stock is rising since it is supposed to be getting bought out at a lower price. Maybe they will increase the bid much higher. Whatever the case may be, this chart is saying it wants to go higher. Accumulation has been HUGE since the offer, BOP has been green to max green the whole way, and price is breaking out above resistance. Cut your loss w/ a close below 27.56, if the stock does not follow through on this breakout.

ZICA is bouncing off of support on above average volume as it coils to breakout from this consolidation pattern. ZICA may not completely be ready yet but another month of sideways action would make this chart look just like MAMA. We all know what MAMA did when it broke out of its pattern. Well this pattern is a spitting image. It has not lasted as long as MAMA but this is what MAMA looked like at the end of Nov. A month later that stock gave me the true buy signal. We shall see. This is only for fun. I would not gamble your money on this, even with the kind of reward it could give you. Remember, EFUT. WAVE looked just like that stock did. Did you know what happened to it since then? Exactly. So be careful if you must gamble. Cut your loss w/ a close below 1.70, if the stock does not hold support and breaks out.

Adding To My Existing Positions: BMTI HLYS

BMTI is bouncing off the 50 dma on HUGE volume. This stock loves to find support and bounce off the 50 dma. However, this bounce is much more pretty. Volume is the highest it has been since June, price brokeout above a very tight flat base, and BOP, after being max green until just recently, has broken out back to max green territory. Besides this beautiful chart, there is nothing else. EPS and sales are horrible. This stock is nothing but a chart so, once again, this will be a small buy. Cut your loss w/ a close below the 50 dma, if the stock does not follow through on this move.

HLYS is breaking out of a cup with handle pattern on very strong volume. This stock is relatively new but by just looking at all the open candlestick bars you can clearly see, along with the four big volume bars being green, that this stock is being accumulated EVERY DAY that it trades. Why? EPS growth has been between 100%-780% for the past seven quarters. and sales growth has been 25%-459% during that time. The growth is also accelearating. This makes a great long for everyone. We would be buying it in our public portfolio but the one tracking us will not fill us on this stock. This is a great CANSLIM stock. Cut your loss w/ a close below 33.06, if the stock does not follow through on this breakout.

No New CANSLIM Swing Longs, Two Speculative Longs, And Two Stocks I Am Adding To My Position.

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