Monday, September 27, 2004

9/27/2004 - Notes

A.M. NOTES
Looks like the market is heading lower this morning. Nothing to add now. Keeping an eye on all stops (PIR & EPD). Also looking at potential ideas (CL, KO, MO).

P.M. NOTES
EPD - stock is trending higher. One of those quiet stocks that seems to move up steadily each week. If this stock continues to perform this way it may be wise to put on a Parabolic SAR stop. Too early to tell.

PIR - down today. Definitely showing weakness for the past week. If the stock moves below its trading range the protective stops will be tightened.

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