Wednesday, October 24, 2007

Trade ideas: SVT, IFLO, IGV, XRO vs EFII, TU, RAVN, VARI

A great day for the Nasdaq 100 as it finished on a new closing high for 2007 on heavier volume. Unfortunately, the semiconductor index continued to mess around at support - reducing the significance of this breakout - but at least it looked good. The Trade Ideas scan sided with bulls with a "Top-8" list coming in at 2 minutes and a "20-appearance" list in at 27 minutes. Decent numbers if you are a bull.

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.