Thursday, August 10, 2006

Trade Ideas: CMP, VVI, SRP, PWEI, BKD, AMT, ALSK, EWQ

The terror threat didn't bring the wave of fear selling it otherwise could have in a vulnerable market. No great move either direction, although the Russell 2000 has managed to find some grip at 671. The Trade Ideas scan was also behaving more brisk. Today's picks covered a time span of 6 minutes.

Some interesting pullback plays to moving average support for the likes of VVI, BWD, and to a lesser extent: CMP, PWEI and SRP. Recent bullish crosses of the 20-day and 50-day MAs can be found in VVI, AMT, SRP, CMP and EWQ. AMT was the only pick to appear twice over the time period.






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