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[Weekend Summary]

Dear Member:

The Dow and S & P 500 are in uncharted and the Nasdaq is elevated to a level not seen for years. While some caution is generally a good idea, things still are looking bullish as we go into the earnings season.

Bovie Medical Systems (BVX) that I bought Thursday made a 3.85% move to the good today.

Earlier in the week, I closed my Grentech China (GRRF) after only 4 days for a 3% gain before a little commission.

I bought some Kulicke and Soffa (KLIC) today as it held above support and in an uptrend. It looks like it could make a nice move if it breaks above the $9 level.

City Telecom HK (CTEL) moved up over 9% from the open for the week. The price on this one bounces around and I did try to sell my position on an up beat but misses. I'm still happy to be in CTEL and it looks like it still has a lot of promise. The very light volume can make this one jump and fall pretty quickly.

Silicon Storage Tech (SSTI)remains in consolidation and that isn't bad except for the patience it requires.

Introgen (INGN) is my play awaiting final phase cancer treatment testing. In the meantime, it did have more good news this week and is staying above th 50 day moving average.

Blackrock Sr Hi Inc Fd (ARK) is just that: a producer of income. The fund was up modestly for the week.

Bill


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