Tuesday, August 30, 2011

Out of the Woods?

DNS +21, +14, 3.

I was hoping for a little pull-back here so I could pick up a few stocks that have gotten away from me. No luck there, but it does look like we've bottomed. Subject of course to bad news from Europe or on the economy.

MCP and HURC did well today. FHN dropped on FOMC comments, and VRTS got hit with a downgrade to market perform.

A number of shippers bounced today. FRO, EXM, and PRGN moved up 6% or more.

Trades: none.

Reversal alerts: (5), nothing interesting.

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