Tuesday, September 18, 2007

Trade Ideas: MSFG, ASMI, SYK, MCP vs IFF, IWR, FSCI, IVE

A larger than expected rate cut has sent the markets soaring blowing past the various 50-day MAs which have troubled the market of late. The next few days will be critical - bulls will need the 50-day MAs to hold when the inevitable backtest takes hold, but today's action is good news for the bulls.

At this post it's a little earlier than usual for sampling my Trade Ideas scan. But things are looking very healthy intraday with a "Top-8" pick list selected in under 1 minute - by far the best action we have seen for the last couple of months, and a "20-appearance" list done in an outstanding 2 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