Saturday, April 28, 2007

Technically Strong stocks FWIW

Here is a list of technically strong stocks.Please review fundamental analysis on each one of them.Be aware of events which may AFFECT future price of the stocks.

NYSE
WMG,CFC ,GM,TOL,CTX,MDR,POL,AV,CA,FRO,AAV,CHH,
ORB,ALY,ALU,
LTD,STP, CSC,XEC,BHI,CNE

NASDAQ
FDRY,PTEN,SOHU,EPEX,ELNK,APPB,SVVS,POZN,SUNH,TGIC,JNPR,
CHRW,
ISIS,
ADSK,AACC,SOMX,LNCR,CREE,ILMN,ATPG,CELL,FLOW,CYPB,VPRT

AMEX
XHB SPDR homebuilders ETF.

TSX (Toronto Stock Exchange)
POU,BTE.UN,OIL,ONR,BBD.B,HBM,KAB,EIS.UN,GND,TUN,DDS,FEL.UN,SW,BD,
CFT,CUR,LGY.UN,LAS.A

As you can tell that technicians are expanding their list of strong chart pattern stocks......so it must be that technicians are sold on the idea that it is a very strong bull market.

I generally concur on technical health of the markets..............but OUTSIDE events CAN affect the markets...........so stay DIVERSIFIED and BOOK profits as you go along..........or CUT your LOSSES QUICKLY.

My guess is that after 3rd week in May ...markets may be OVERBOUGHT on a temporary basis........so lighten UP in the 4th week of May.....or keep playing sector ROTATION.

Please do your OWN due diligence.The above LIST is NOT a buy or sell.BLOG is for educational purpose ONLY.

Good luck on your strategy.

Always KNOW what you are buying & why.

Saleem

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