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... DAY TRADER
 ... January 16, 2007
... 1:17pm ... COVER SHORT ON SYMC - last $18.10 . Take profit as up volume improved,
... 9:39am ... SHORT Symantec Corporation (SYMC) - last $18.82 . Even with decline this morning, SYMC is under distribution. Support at $17.35.
January 12, 2007, 7:30am. No action.
January 11, 2007, 7:30am. No action.
January 10, 2007, 7:30am. No action.
January 9, 2007... 12:47pm .. Transfer SHORT SALE #02 on CAKE to 60-Day Summary list.... 11:46am .. Correct SHORT SALE #2 on CAKE to $26.56 from $26.60..... 11:43am SHORT #2 on CAKE - last $26.60....11:20am ... COVER SHORT on CAKE - last $26.66.... 10.19am ...SHORT Cheesecake Factory Inc,. (CAKE) - last $27.16. After quick run up CAKE finding resistance.
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... From the 60-Day Summary list
... January 16, 2007, 7:30 am. No action.
January 12, 2007... 3:18pm ... SELL HB Fuller Company (FUL) last $29.74. Originally suggested at $26.85 on 01.10.07. Even though FUL was considered a midterm BUY to trade into the $35 range, the rapid run up requires consolidation. May revisit later. Take profit.
January 11, 2007, 11:21am. SELL Fortune Industries (FFI) - last $5.60.Originally suggested at $4.40 on 12.07.06. Take profit since current earnings posted were disappointing.
January 10, 2007, 7:30M. No action.
January 9, 2007 ...12:12pm ... SELL Scopus Video (SCOP) - last $4.17. Originally suggested at $3.76 on 12.28.06. Lack of trading volume and no follow up with recently announced deal appears likely that lower price are coming.
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NET VALUE OF Stocksmirf Fantasy Hedge Fund (SFHF) portfolio for the week ending 12.29.06 ....................,....... . $5,164,000.00
REALIZEDGAINS (LOSSES) FOR THE MONTH OF OCTOBER '06 in the SFHF portfolio ........................ ......... $277,601.00
REALIZED GAINS (LOSSES) FOR THE MONTH OF NOVEMBER '06 in the SFHF portfolio. ...............................$338,049.00
REALIZEDGAINS (LOSSES) FOR THE MONTH OF DECEMBER '06 in the SFHF portfolio ...... .......................... $371,020.00
REALIZED GAINS (LOSSES) FOR THE MONTH OF JANUARY TO DATE in the SFHF potfolio................. $393,950.00
UNREALIZED GAINS (LOSSES) in the Stocksmirf Fantasy Hedge Fund portfolio.
January 16, 2007, 4:00pm .....92,123.51
January 12, 2007, 4:00pm .. 132,223.40
January 11, 2007, 4:00pm....153,346.68
January 10, 2007, 4:00pm ... 56,298.64
January 9, 2007, 4:00pm .......29,352.88
January 8, 2007, 4:00pm ...... 41,350.75
January 5, 2007, 4:00pm ....... 28,255.02
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Prior Dartline summaries ... January 11. 2007 ... S&P 500 index closed at 1,414.85 2.74, with a yesterday's range of 1403.33 to 1415.99. ... Oil prices have fallen by 1/3 since peaking at $78.40 last July and down 9% so far this year. But a closer look suggests a broader decline in commodities so far in '07 as international investment funds liquidate positions on a wholesale basis. The upshot will be lower inflation and a stronger U.S. dollar. In the current "spin" interest rates lost their excuse to stall the stock market. If you wipe the slate clean, what changed? Absolutely nothing. Just another reason to justify why the bulls are still running. From our perspective, it's in "the mirrors" as the commercial speaks. Keep the focus on the action of the S&P 500 index. Above 1,410.00 remains the only indicator to the future direction of the market. Maybe too simple an idea? Do not discount the index. Since July 06 when many "experts" were calling for a major downside correct, the S&P 500 kept confirming underlying strength in equities. Go with the index and sleep at night. Up market should continue and test of 1,425.00 likely.
... January 10, 2007 ... Positive performance traced directly to the strength of the U.S. dollar against major currencies. International markets have decided that the Fed will not lower rates. ....9:42am ... With the S&P 500 index at 1,406.10, the broader market suggests lower prices, especially as volume accelerates. Carefully review your portfolio and eliminate any laggards that may fail expectations going forward or are not considered 'special situations.' ...8:30am ...Even though Wall Street was erratic the S&P 500 index closed at 1,412.11 0.73, but above technical support of 1,410.00. Yet, investors had lost some of their collective exuberance on the belief that with 18 straight quarters of double-digit growth in S&P 500 companies will not last and cause a major collapse in equities. Right now, the technicals suggest the market remains positive. Bond prices edged lower with the yield on the benchmark 10-year Treasury up to 4.66%, while the dollar was higher against other major currencies. Indeed, lower oil prices have made the dollar and bonds safe bets. Good for equities as sufficient dollars on the sidelines have created a valuable underpinning. However, remain cautious while the S&P 500 index confirms sustained strength above 1,410.00.
... January 9, 207, 12:03pm ... With the S&P 500 index at 1,407.96 5.64, stocks are under distribution as volume increases. A further decline below 1,410 can signal an interim SELL Remain defensive and liquidate marginal positions. Do more selling than buying.... 7:30am ... After Friday's sharp market decline and doubt that the S&P 500 index can maintain support at 1,410.00 (closed at 1,412.84 3.13), yesterday's action was a surprise. Yet, market gains were modest at best and possibly attributed to what the Fed expressed that inflation may not be an issue.At this point, it would prudent to receive further confirmation that 1,410.00 will hold. Step-back today and allow the general market to find its footing.
Prior Best Ideas ...... January 4, 2007 ... Trading range is predictable merely by following the S&P 500 index. Resistance is set at 1,431.81 while support remains constant at 1,410. Any test and breakout in either direction will be how the market will react in the near term. Expect for special situations, devote the time to close out positions with questionable fundamentals and increase cash position while the general market settles in for the long run into '07. No sense being too anxious.
January 9, 2007.. 2:12pm ... BUY Highway Holdings Ltd. ((HIHO) - last $4.88. HIHO manufactures and markets metal, plastic and electric component for top line original equipment based in Hong Kong. Excellent fundamentals, capable management and unique marketing niche has HIHO in a positioned finally being enhanced value to shareholders. The recent acquisition of Golden Bright Plastic represents a critical step to leverage the company's manufacturing capabilities by expanding and integrating related technologies and expertise. Current yearly sales are $27.15 million and should increase by 200% in next 18 months. With a true float of 1.89 million shares HIHO is thinly traders, but should improve as the company's value is recognized. BUY as a "special situation" for midterm move into the $12-$14 range.
January 8, 2007, 2:01pm ... BUY China Health Holding Inc. (CHHH.OB) - last $0.079. CHHH.OB is high risk with the likelihood of total loss of investment if the company cannot execute on its business plan. A development stage company engaging in the acquisition, development and marketing of Chinese medicinal herbal product lines worldwide. Today the company announced acquisition of all assets in Xi'An Meichen Pharmaceutical Company Ltd, which includes a new certified manufacturing facility for 20 million common shares and $1.5 million in US cash. Additionally. letters of intent were previously announced to acquire 51% of four pharmaceutical companies, and various other agreements to accumulate US$100 million in assets within 12 to 24 months, and net income of US$10 million to US$15 million, as recorded on 01.08.07 at 10:08am Et by Xinhua-PRNewswire-FirstCall. Finally, CHHH.OB will be added to China Small-Cap Index sponsored by Ludlow China Fund, Inc., a New York based investment banking firm. On a fully diluted basis, and related projections, and the stated acquisition concluded, the company should have 120 million shares outstanding and earn less than one cent per shares based on the projected net income of $15 million. As stated above CHHH.OB is consider a long term high risk investment with the likelihood of total loss of such investment if the Company is unable to execute its business plan, attract sufficient capital and the necessary technical support to become successful.... 11:45am. SHORT Alcoa Inc.(AA) - last $28.53. While earnings are due after the close tomorrow, AA should surprise on the downside with forward estimates. Since AA is a short term play to 27.00, a technical support established in October '06 would be the COVER PRICE. ... 9:00 am. ... BUY Nu Horizon Electronics Corporation (NUHC) - premarket $9.15. NUHC distributes passive electronic components and related devices, and offers supply chain services, including design and technical assistance, inventory management and logistical support in N. America, Europe, Australia and Asia. With an improving balance sheet, excellent business model and prudent management group, HUHC has the right qualities to warrant midterm commitment. At 8.75 times forward P/E to fiscal '08, NUHC is not fully valued. Suggested BUY at current level with EXIT POINT set at $14.50.
. ... January 4, 2006, 12:30am. BUY Genaera Corporation (GENR) -last $0.29 off $0.11 or 27.50% in after hours trading. After yesterday's close, GENR ended trials of its major drug candidate for the treatment of wet age related macular degeneration and cut its work force by 30 percent. With $37.5 million in cash and limited debt as of September 30th, and other candidates in Phase II clinical trials for the treatment of cancerous solid tumors and to treat overproduction of mucus secretions involving chronic respiratory disease, GENR is not dead yet. Add their various research programs relating to obesity, infectious diseases and inflammatory disorders, such conclusion suggests GENR can be an ideal takeover in the $1.50- -$2.50 range. GENR represents a highly speculative BUY with the risk that an investor's entire commitment may be lost. However, the risk reward ratio appears sufficient for purchase.
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