Pre-open 07-24-06...
Wild volatility last week, but it did provide the opportunity to make some money on CNCT, but lose some on RHI. But, it's a new week and new opporatunities may present themselves and I'll be ready.
Only 78 charts returned on Friday, mostly stocks that are up and the ship has sailed. A couple stocks to watch early on. ZMH, TER, AGL, and YHOO show some promise. Nothing great, but in a recovering market, these may be ready to rise to the occasion.
I don't have a lot of commentary to offer. I am going to follow my strategy this coming week and try to find some winners. In the end, I think the market must be getting close to a bottom, although many historical statistics suggest there is still room to the downside. It is a big week for earnings which may tilt the scale either direction. In my long-term portfolio PETS, BER, CHH, SMG, ECL, and PCU will be reporting. It may be a volitile week for that portfolio. Hopefully, some short-term trades will provide some support.
For now,
Masterjaz out


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