DiamondCluster International (DTPI)

Company

"DiamondCluster International is a premier global management consulting firm that helps leading organizations develop and implement growth strategies, improve operations, and capitalize on technology. Focused on technology, our teams combine highly skilled consultants in strategy, technology, and operations. DiamondCluster works collaboratively with clients, to unleash the power within their own organizations to achieve sustainable business advantage. DiamondCluster is headquartered in Chicago, with offices across Europe, the Middle East, and Latin America." (company website)

Buy

27-Mar-06. After DTPI shot up over the $10 level I put some more money down. I jumped the gun in doing so, because it has pulled back, as I should have known it would. So, I prepared a buy order to trigger if DTPI traded at or below $7.30, which is what I should have bid before. That order fired off this morning, and I now have lots of shares of DTPI. Yikes!

• Price momentum (PPO) — still clipping along
• Trend (ADX) — still strong
• Money flow (CMF) — essentially neutral but showing signs of becoming more positive
• Relative strength (RSI) — weakening just a tad
• Volume — big volumes on latest price jump

Sell

7-Apr-06. DTPI began falling today, erasing most of the gains from two days ago when it set another new high. Fearing that this was the beginning of a retrenchment, I decided to take profits on the remaining two lots while they were still available. If DTPI goes "on sale," as I suspect it will, I can jump back in at a better price.