Sometimes it's nice to be out of the market watching everything get cheaper. DNS -179, -47, -22.
Trades: none.
Other Thoughts
Tech is dominating the distribution day table with RBCN, CELL, and RVBD being 3 of the 4 stocks with 6 d-days (of the last nine trading days or so), followed by UTSI, SPRD, SIGA, AMD, MSCC, CSCO, BIDU, TNE and STEC (9 of 19) with five d-days.
Reversal alerts: t2 (12) & hlr (28) which is a lot more than I expected.
Many of the t2 alerts are showing good reversal indicators with good symmetry and enough of a sell-off and selling pressure to represent a meaningful reversal signal. Those signals represents a high likelihood of a rebound in a normal market ... not this one. There's too much downward pressure for most reversals attempts to prevail long enough to trade them. That said, for your watchlist consideration ...
t2 candidates with some growth and a decent reversal pattern are: CCIX, DPZ, KMT and maybe SPN.
hlr candidates with growth are (lowest forward P/E first) MAG, SPPI, FDS, BLKB, MRGE and LMNX. MAG has the strongest reversal indicator.
Please consider that I'm filtering on earnings and growth that is based on sales and earnings estimates that are likely to be revised downward in coming months.
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