Sunday, January 08, 2006

Watch list for week of 1-9-06

I was suprised that my market homework software identified so many basing stocks this weekend because the market moved up so much last week. This leads me to two mutually exclusive conclusions: these laggards will break out and carry the market even higher as buyers chase this market up, OR the market isn't as strong as I believe and these laggards will lead a market decline. Either way, if a stock hasn't broken out yet, it probably won't until earnings or some other news event. With that in mind, here are the highlights from my market homework software this weekend:


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