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Momentum is cyclical. After a lacklustre few weeks the markets had couple of good momentum days. Today was profit taking day. On individual stocks momentum lasts longer than the Indexes. Many sector specific action is dominating the tape.

Here are some of the things I am watching or have positions in:

ALLT,Allot Communications Ltd (Google  Yahoo  Earnings BW  Chart
ANGN,Angeion Corp (Google  Yahoo  Earnings BW  Chart
AOB,American Oriental Bioengineering Inc (Google  Yahoo  Earnings BW  Chart
ASIA,Asiainfo Holdings Inc (Google  Yahoo  Earnings BW  Chart
BNHNA,Benihana Inc Cl A (Google  Yahoo  Earnings BW  Chart
CHINA,CDC Corp Class A (Google  Yahoo  Earnings BW  Chart
CHMP,Champion Industries Inc (Google  Yahoo  Earnings BW  Chart
CTIB,Cti Industries Corp (Google  Yahoo  Earnings BW  Chart
FCFS,First Cash Financial Svc (Google  Yahoo  Earnings BW  Chart
GRC,Gorman-Rupp Co (Google  Yahoo  Earnings BW  Chart
HGO,Houston American Energy Corp (Google  Yahoo  Earnings BW  Chart
HTI,Halozyme Therapeutics Inc (Google  Yahoo  Earnings BW  Chart
IGLD,Internet Gold-Golden (Google  Yahoo  Earnings BW  Chart
ININ,Interactive Intelligence (Google  Yahoo  Earnings BW  Chart
KONG,Kongzhong Corporation  (Google  Yahoo  Earnings BW  Chart
MED,Medifast Inc (Google  Yahoo  Earnings BW  Chart
NEWT,Newtek Business Services Inc (Google  Yahoo  Earnings BW  Chart
OYOG,Oyo Geospace Corp (Google  Yahoo  Earnings BW  Chart
PACT,Pacificnet Inc (Google  Yahoo  Earnings BW  Chart
RICK,Rick's Caberet Intl (Google  Yahoo  Earnings BW  Chart
SCLN,Sciclone Pharmaceutical (Google  Yahoo  Earnings BW  Chart
SNCR,Synchronoss Technologies Inc (Google  Yahoo  Earnings BW  Chart
SOFO,Sonic Foundry Inc (Google  Yahoo  Earnings BW  Chart
THLD,Threshold Pharmaceuticals (Google  Yahoo  Earnings BW  Chart
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