Tuesday, January 11, 2005

Tuesday's watchlist

Some interesting picks this AM.
Most seem to fit in the category of pullback to support after a breakout.

RMI, a pick of ugly at uglychart.com, has broken out, and now pulled back to just above its previous high. I think its a long above 3.5.

STEM, mentioned in the Chairman's chat the other day, has pulled back to just above a penultimate high of 4.8.

XMSR, the rich man's SIRI, is just above a previous high of 31.5.

All look like low risk entry points, with stops just below the old highs.


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