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| PLAY >New Drops |
Thursday, June 14, 2001 |
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New Split Drops
None
New Candidate Drops
| CEFT
- Concord EFS $50.81 -2.12 (-1.80)
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CEFT threw in the towel on Thursday, succumbing to early selling
pressure. There was no CEFT specific news to spark this sell
off, but weakness in the overall market and bad news out of
General Electric probably had a hand in the stock's decline.
Good thing that we just raised the stop on CEFT, as we exit this
play with a small gain. As we have been saying, hitting singles
in this market isn't so bad.
| HRB
- H&R Block $63.01 -0.01 (-0.69)
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HRB finally gave in to the sellers on Thursday morning. Our
long-time play plummeted to its 20-dma in the first hour of
trading, only to bounce higher into the close. However, due to
the fact that we have been steadily ratcheting up our stop, we
exit this play today with a nice gain.
Drops Index
New Momentum Drops
None
Drops Index
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