Friday, July 27, 2007

Hope You Bought CELG, NMX is a Buy Once Again

CELG earnings turned out to be right what they needed to be and our buy point turned out to be right where you should've bought. It was a low risk-high reward opportunity and it has worked out nicely. The stock is a hold right here.

NMX has come down from its high around 140 and is now a buy around 122. It could move to 118 ish but no lower than that. I would buy half here and wait a bit to see its direction before adding anymore.

CM

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