Wednesday, February 21, 2007

Trade Ideas: PGJ, GTY, CGI, HB, DOV, HSC, TG, APH

Another good day for the indices; a breakout in the Nasdaq on higher volume; upside follow through in the Russell 2000 to Friday's breakout; and continued gains in the semiconductor index. Keep an eye on Richard Lehman's rising channel lines - he has outlined new ones for the Nasdaq and Russell 2000. The strength was reflected in the Trade Ideas scan; the first 8 picks covered a time span of 3 minutes and the 8 picks which featured 20 times or more over the course of the day covered a time span of 26 minutes and are presented below:

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