August 8, 2008

SELL ANAD ( ANADIGICS )

With 17% gain in such a short period, our methodology calls for selling at least part of the position at $3.63 or better. Use tight stops for the remaining and be completely out of the position in high $4s.

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BUY ANAD ( ANADIGICS )

Our readers are well aware of correct calls on ANAD. We have been short. This morning’s reaction is severe overreaction . At $3.10 our indicators are flashing buy signal.

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BUY TO COVER AKAM ( AKAMAI )

We are short AKAM from $28. Our proprietary indicators are now flashing a BUY TO COVER signal. Cover right here at $21.84

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