Monday, February 07, 2005

Loser List for February 7, 2005

USD has risen right to a previous low--the pattern has been for the next leg down to start here. If it doesn't, maybe the downtrend has paused?
ACU gap up open at 19, high at 19.5 but is low volume.
BEBE has broken out, open 28.27, high 29.38
DCTH may be at support at 3.2
FWHT in a downtrend, short if goes below 14.2
OMCL short if you can get it with a stop above 6.9
OSTK looks like a possible short at about 54.5 with a stop above 56
RESP breaking out to new highs at 59.85, nice complement to MO
RMI 3.5 is the line in the sand--might pop again if it can hold here
AA in a downtrend but has risen to previous resistance, short with a stop above 29.76, today's high
SOHU in a downtrend and gapped down, but there is support at today's low in the mid 14s. might short on a solid crack of 14.5
EK has broken out to new high of 34.8

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