Thursday, March 29, 2007

Trade Ideas: APA, FVD

The semiconductors felt the most pain which filtered through to the Tech averages, enough so to drop below "W"-support intraday before buyers stepped in to bid the market back up.



The Dow is the index struggling the most as it barely nudged back to "W"-bottom support:



The Russell 2000 is the strongest index; the only one to hold its 50-day MA:



The Trade Ideas scan was relatively brisk; the top 8 stocks covered a time span of 2 minutes; so as the market retreats the rate of broad stock buying increases. However, the "20-appearance" list was light on candidates with only two picks which covered the course of the day:



If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial.


 
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