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Friday, January 20, 2006

FEMO, Breaking Out and MAUG, Profit Taking

(MAUG) had a very nice little gap this morning, opening at .17, after yesterday's great run. At this time 12:30pm (MAUG) is having some profit, which was to be expected, taking it down to .15x.155. I still really like this one and hope for some late day action or a good continuation of it's run early next week.

(FEMO) is having a GREAT day! We broke our resistance of .028 and should see a nice late day run and then a flavorful gapper on Monday morning. TGIF!

Happy Trading,
Terry
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