No follow through

No follow through

December 17, 2006

Lack of follow through on Friday is troubling and I used the early strength to liquidate lot of stuff and tighten stops on other thing. The week ahead will be tricky to trade as pre holiday mood will result in light trading and low volume moves.

Market might have a downside surprise in beginning of next year. So I am not looking at aggressively chasing opportunities at this stage and only looking at some quick bucks. The best conditions for trading are after a market correction.

Here is a select list of stocks, I am looking at closely to put some capital to work next week.

ADBE,Adobe Systems Inc (Google  Yahoo  Earnings BW  Chart) 
BOBJ,Business Objects S A (Google  Yahoo  Earnings BW  Chart) 
CAMP,Calamp Corp (Google  Yahoo  Earnings BW  Chart) 
CBRX,Columbia Laboratories (Google  Yahoo  Earnings BW  Chart) 
DGIT,Dg Fastchannel Inc (Google  Yahoo  Earnings BW  Chart) 
DSCM,Drugstore.Com Inc (Google  Yahoo  Earnings BW  Chart) 
GIGM,Gigamedia Limited (Google  Yahoo  Earnings BW  Chart) 
GSAT,Globalstar Inc (Google  Yahoo  Earnings BW  Chart) 
IMOS,Chipmos Technologies Bermuda (Google  Yahoo  Earnings BW  Chart) 
MON,Monsanto Co (Google  Yahoo  Earnings BW  Chart) 
NRP,Natural Resource Partners (Google  Yahoo  Earnings BW  Chart) 
ROCM,Rochester Medical Corp (Google  Yahoo  Earnings BW  Chart) 
UAHC,United American Healthcare Cor (Google  Yahoo  Earnings BW  Chart)