Thursday, September 27, 2007

Trade Ideas: VXF, DLS, SCHl, CHDN vs WTW, MKL, PRSC, ATPG

Markets are moving in baby steps upwards. Traders seem unwilling to push beyond the various morning gaps, perhaps concerned of the potential for a double top in the markets (although the Nasdaq 100 is doing its best to alleviate such fears). Market internals are neutral, but not overbought, thus favoring further gains for the indices. The Trade Ideas scan remains on the bearish side of the fence with a "Top-8" pick list done in 14 minutes and a "20-appearance" list featuring only 5 stocks.



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.




 
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