Wednesday, February 07, 2007

Vacation

I'm gonna go into a winter hibernation for the next two weeks. I'll be heading somewhere warm and hot... I'll be back end of February. In the mean time, let's continue to make some...

Friday, February 02, 2007

Celgene... Good Earnings, but...

Hmm… did I make a mistake in selling Celgene (Ticker: CELG) at $55.06? The company just reported pretty good earnings and the stock gapped up nicely on the report. The 50 day moving average is still acting like a barrier for the stock to move up. I still see more down side in this stock; I don’t think it’s finished correcting. This is a great company, but it’s priced to perfection. I like the action in Qiagen (Ticker: QGEN); a very nice looking chart and it wants to keep going up and up…