Wednesday, July 18, 2007

Trade Ideas: MEAS, MGRC, ASFI, TRN vs ECA, UDRL, CMCSA, HC

A mixed day for the markets; a weak open continued downward until bulls kicked it up into the close. The breakdown gap and higher volume hands the honors to the bears, but there is plenty of support below.

This level of support was reflected in the Trade Ideas scan which was very bullish; the top-8 pick list was done in under a minute and the 20-appearance list in a very bullish 9 minutes.



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

If you are interested in knowing what I do with the "Top-8" and "20-appearance" data I have prepared a report here.




 
f9229fcfd1b1390be00cfccc86c90349c93a4179bf4227457c