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Market Summary

Dow 11617.32 +14.82 (+0.13%)
Nasdaq 2313.74 +9.78 (+0.42%)
Russell 2K 719.19 +2.37 (+0.33%)
S&P 500 1281.30 +4.30 (+0.34%)
S&P 100 592.75 +4.06 (+0.69%)
Quotes are delayed 20 minutes.

Current Targets and Stops

Symbol Picked ST SSL
AAPL $93.00 $225.00 $175.00
CPNE $0.50 $4.50 $1.45
CREE $25.00 $50.00 $23.00
EFSF $0.18 $0.50 $0.16
NIHK $0.04 $0.13 $0.08
PNWIF $1.80 $6.00 $3.00
QID $38.67 $42.19 $35.00
RIMM $115.00 $120.00 $112.00
SPKL $0.69 $2.00 $0.90
TCGD $0.87 $2.00 $0.65
TTGL $0.84 $3.00 $1.73
ST Denotes Suggested Target.
SSL Denotes Suggested Stop Loss.
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4/23/2008

Buying CREE

Filed under: — OTCJournal Editor @ 7:47 am

CREE got beat up on a disappointing earnings report. I am pouncing on the stock today as it has fallen back to the perfect technical level in my view.

So far, I have bought 1,000 shares of common stock and 25 call options. More, including chart, in about one hour.

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