Tuesday, November 21, 2006

Looking at Individual Names, Ignoring the Broad Market

As the Nasdaq, Dow, and S&P trudge along, slowly as of late and looking in need of consoidation or a pullback, I continue to see some great oppurtunities in individual stocks.

As I said earlier today, I bought a little INFY as it came down in the early morning. It looks like a winner to me. Others that I'm watching include:

PKTR which is in a bullish triangle that I'm definately considering buying on a breakout or even in anticipation of one.

CECO is consolidating looking to go higher.

UNM is in a steady uptrend right now riding its trendline higher.

All of these look like very good potential trades.

Thats it for now.

CM

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