When in doubt, stay out

When in doubt, stay out

March 18, 2007

While the intense selling phase has subsided, markets are not in a position to mount a counter trend rally. In fact markets might witness more weakness in near future. The better opportunities will present once next earning season starts.

Market Monitor
Total 4% plus bullish breakouts=76
Total 4% plus bearish breakouts=69
65 day bullish/bearish ratio= 564/422
Stocks up 50% or more in a month=3
Stocks up 25% or more in a month=32
Number of stocks with 100% plus move =268
Number of stocks up 200% or more = 55
4% plus signals for 100plus universe=13
4% plus signals for 200plus universe=2


Select stocks which had 100% plus move in last 260 days from the low and which are up more than 4% on higher volume. Today's minimum volume is above 100000. To understand how to trade this see the post "How to find a stock which makes a 1500% plus move in a year".

ANO,Anooraq Resources Corp (Google  Yahoo  Earnings  Chart) 
CCOI,Cogent Communications Group Inc (Google  Yahoo  Earnings  Chart) 
CLRT,Clarient Inc (Google  Yahoo  Earnings  Chart) 
EGR,Commerce Energy Group (Google  Yahoo  Earnings  Chart) 
GLDN,Golden Telecom Inc (Google  Yahoo  Earnings  Chart) 
HAYZ,Hayes Lemmerz International Inc (Google  Yahoo  Earnings  Chart) 
HMSY,Hms Holdings Corp (Google  Yahoo  Earnings  Chart) 
HTI,Halozyme Therapeutics Inc (Google  Yahoo  Earnings  Chart) 
ITWO,i2 Technologies Inc (Google  Yahoo  Earnings  Chart) 
IW,Imageware Systems Inc. (Google  Yahoo  Earnings  Chart) 
ORCH,Orchid Cellmark Inc (Google  Yahoo  Earnings  Chart) 
SRSL,Srs Labs Inc (Google  Yahoo  Earnings  Chart) 
SWRG,Smith & Wollensky Rest Grp Inc (Google  Yahoo  Earnings  Chart)