[Weekend Summary]
Dear Member,
Interesting week. Two positions made nice moves. CHINA stock was up more than 7% for the week. EBAY jumped $1.56. The rest of the positions moved down slightly. BGG was still above 35. MU dipped the grand amount of 4 cents for the week. It is channelling between about $11.60 and $12.40 and is digesting some of its recent gains.
NITE dropped a nickle for the week but still looks ok to me. SEBL plummetted a whole 13 cents for the week for SEBL. I like what I see in today's candle for SEBL. It definitely provides a suggestion of reversal. SPY dipped 86 cents. I would like to see it hold support around 122.05. If that fails, I'll probably take my profits.
As I suggested last week, the homebuilders are now showing signs of considerable weakness. Other than that, this time of year remains relatively unexciting.
I hope you have a super weekend.
Bill
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