I'm baaaack...

Well, it's been a few days since I last posted, but I plead extenuating circumstances:

1. - My laptop that I usually work from in front of the tv (which is starting to show some "burn-in" from the crawl at the bottom of the screen on CNBC) decided it was sufficiently past the warranty date that it could expire safely. It was one of the handful of times I have seen the BSD (some enlightened types call it the Blue Screen of Sorrow) on Windows-XP. I knew it couldn't be good... I'm back to the desktop machine I made back in 2002, having to run from the family room to the office to check on a stock mentioned in the news.

2. - Halo 3 came out on 25-Sept. and my beautiful wife didn't get me one until the 29th. I spent four whole days sulking and playing Halo 2 from beginning to end (just to remember the "story thus far...") and thinking of all the 10 year-olds that were going to be all practiced and kicking my butt when I made it online. We finally picked one up Saturday at Costco and I was through the campaign mode (albeit on "easy") by Sunday at midnight. I'm about a third of the way through it on "heroic" now...

Thus my lack of enthusiasm for posting in the last few days, although I've still made a few bucks watching the charts. Taking a look at some short term charts (5 days), I found some MACD crossovers that looked good for the short term. I picked up some Lumera (LMRA) at $4.37 and let it go a day later at a $4.28 when it didn't look like it was going to go anywhere. At the same time I picked up the Lumera, I also found some Limelight Networks (LLNW) at $8.67 that had the same sort of crossover. I sold it today at $9.94 as the RSI was getting into the overbought range. Nice 15% profit for a couple days of holding the stock. I think I'll be keeping an eye on LLNW, as they're starting to look like a longer term opportunity.

I'm still thinking gold has room to run, but we'll be seeing a pullback in the short term as profit taking drives the market lower. Keep an eye on BLRV, as it's still pretty cheap. But watch out when gold turns around and starts up again.