Market Report 7/26/10 ARNA CLF

Picked up some ARNA today (after hours) at 6.35. It's not easy to find an entry on a stock that is moving around in double digit percentage increments. Picked up some CLF 56.85 in belief that this rally will persist a little longer at least. CLF reporting earnings soon and should break above resistence at that time. Market is poised to continue it's rally and some large up days are likley in the near future. As always, I have to watch for a serious change in trend, but not get shaken from the proverbial stock decline "shake-out" of weak hands. Where does ARNA go from here? I'm not placing a stop because this is a different type of play, so I'm breaking a rule. Don't do this at home. Still holding YHOO @14.62 AMD @ 7.89 RICK @ 8.58 AA @ 11.20 AAPL @ 242 V @ 74.60 CISG @ 24.05