TLEI - Total Luxury Group, Inc.

[Doc Holliday]

I'm in this one because of my daughter...she likes their cloths and they put a line out for back to school that will be hitting the shelves soon. But this latest rally is apparently from the latest PR:
NEW YORK, NY, Jul 12, 2007 (MARKET WIRE via COMTEX) -- Total Luxury Group, Inc. (PINKSHEETS: TLEI), subsidiary International Apparel Group, Inc., announced today that they have signed an exclusive representation and distribution agreement for Miss Bikini, the top name for luxury Italian swimwear and accessories. The Company is previewing the new collections for Miss Bikini Cruise '07 and Spring/Summer '08 at the Miami Swim Show at the Miami Beach Convention Center. In addition, Miss Bikini has been selected to participate in the Mercedes-Benz Fashion Week - Miami fashion show at the Raleigh Hotel Saturday July 14, at 6 pm.
The fashion show must have went well because they jumped friday and continued the rally today. Very well might be worth taking an entry position soon :)

[Doc Holliday]

It looks like we may be seeing a 'back to school run' on this company. I look back on the 3 year charts and I see some seasonal runs that look like this one. While I would have rather seen a rocket, I liked the lack of selling on light volume today as it looks like people are expecting a lot more. If we see the 5dMA cross above the 50dMA, I believe we're in for a ride :)

http://stockcharts.com/h-sc/ui?s=TLEI&p=D&yr=0&mn=6&dy=0&id=p23837799977

it could be related to these older PRs (http://www.totalluxurygroup.com/pressreleases.html)
Total Luxury Group Subsidiary Y-Brands, Inc. Receives Orders From Macy's for Fall '07
Tuesday April 3, 6:28 pm ET
and ...
New Total Luxury Group Apparel Subsidiary Begins Shipping Major Accounts: Hot Topic and Others
Thursday April 12, 6:00 am ET

[Doc Holliday]

Volume up a bit today but didn't break through the .012 resistance level. Today's spinning top signals indecision but the 5d MA crossed the 50d MA so if it breaks resistance through .12 to .13, it may fly. I did take some of my investment off the table today, too.
maybe the indecision is caused by the question "Who can actually wear this stuff" :D

http://www.youtube.com/watch?v=W3OkUsANn1E

[Doc Holliday]

yesterday's bearish engulfing candle and todays conformation drop looks like the run on this one is over :)