Saturday, December 01, 2007

Breakouts Everywhere!

Here are today's breakouts using the my personally defined rules. What has kept me from buying previous breakouts is that I have been waiting for an IBD type follow-through day, which we got on the 28th.

Notice that I have not included the 52 week high filter. Given that I'm using IBD 100 stocks as my pool of choices, I will assume that the relative strength of any stock is already high. Notice that Flotek is back on the buy list. FTK has taken some big hits and I would be a buyer here, based both on technical and fundamental factors.

Volatility Breakout Buys: PFWD, MTL, ATW, MR, SLT, HRBN, DSX, FTK

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