11/29/2006

Breakouts to watch

The market is doing good job of frustrating the top callers. Early bears are getting whacked in some stocks. New sectors like China, Metals, Drugs and biotechs, and retail continue to see new breakouts.

As usual earnings is driving the action in some stocks like TATTF, MBT, BONT, DBRN, TIF etc. Keeping an eye on other stocks in the same sector can get you in to some good point moves. MBT earnings announcement is resulting in the Russian mobile sector stocks rallying. The FDA clearance news continues to provide good bid and decent pops for the biotechnology stocks.

Here is what I have positions in or looking at based on today's action:

BONT,Bon-Ton Stores Inc
BTJ,Bolt Technology Corp
DBRN,Dress Barn Inc
DVAX,Dynavax Tech
MBT,Mobile Telesys Ojsc Ads
POSS,Possis Medical Inc
QI,Qimonda AG
RNIN,Wireless Ronin Technologies Inc
RNOW,Rightnow Technologies Inc
TATTF,Tat Technol Ltd
TGEN,Targeted Genetics Cp
TIF,Tiffany & Co
VIP,Vimpel Communication Ads

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