Downtown Traders CNBC contest picks

Monday, May 01, 2006

Update

Man, what a rotten close. I had put in the orders to sell all the current holdings and swap them out with CMC and MVK, and not 2 minutes later, the indices fell apart. I would probably prefer to sit in cash but there was no way to cancel my buy orders. CMC still looks good closing at a new 52 week high, while MVK looks a little iffy. CMC showed up on one of my more strict scans, while MVK showed up on a daytrading scan.

DT

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