Thursday 20 December 2007

Market Update - 20 Dec 2007

Market monitor is still in extremes. 300 plus for 65 days is extreme. There may be a short term bounce but can't see any real rally this year. Earnings period coming up so some stocks may rally on earnings surprise news. Earnings surprise is still a relative new area for me and currently I am reading few books and articles on it.

No Double trouble candidates for last 2 days.

4% plus breakouts for today

ADM.L
CIU.L
FKI.L
IFL.L
JMAT.L
NEX.L
RAB.L
SCHE.L
SIT.L
UCP.L
WHM.L

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