Thursday’s Top Names

Wednesday’s strong trend day and close at first
glance appears bullish, and may prove to be. However, the price action leaves
the indices in Turtle Soup sell patterns. Be cautious until you see follow
through to the upside, or a trigger on the Turtle Soup signals. Just because
everyone is hailing the arrival of the the new bull does not make it so.

Hottest Sectors:
Semiconductors
(
$SOX.X |
Quote |
Chart |
News |
PowerRating)
and Computer
Technology
(
$XCI.X |
Quote |
Chart |
News |
PowerRating)
.

Weakest Sectors: Healthcare
(
$HCX.X |
Quote |
Chart |
News |
PowerRating)
and
Drugs
(
$DRG.X |
Quote |
Chart |
News |
PowerRating)
.

Thursday’s
stocks to watch:


3 Month RS of 80 and higher and close in top
part of range

Name



Symbol


Relative Strength



Price


Average Volume



Today’s Volume


Aviron

(
AVIR |
Quote |
Chart |
News |
PowerRating)
93 48.77
850,257

3,207,200
Broadcom
(
BRCM |
Quote |
Chart |
News |
PowerRating)
95 49.49 15,185,763 20,895,700
Check
Point Software

(
CHKP |
Quote |
Chart |
News |
PowerRating)
82 42.02
10,188,322

13,304,100
McAfee.com
(
MCAF |
Quote |
Chart |
News |
PowerRating)
97 30.26 421,305 1,497,200

 

3 Month RS of 20 or lower
and close in bottom part of range







Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

AdvancePCS
(
ADVP |
Quote |
Chart |
News |
PowerRating)
2 26.79 1,501,095 4,821,800
Cardinal Health
(
CAH |
Quote |
Chart |
News |
PowerRating)
20 67.52 2,382,363 1,625,000
Dime
Bancorp

(
DME |
Quote |
Chart |
News |
PowerRating)
17 34.00
690,117

760,300
Manor Care
(
HCR |
Quote |
Chart |
News |
PowerRating)
9 21.90 811,423 1,394,300


3 Month RS of 80 and
higher with volume surge in last hour


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

Scientific-Atlanta
(
SFA |
Quote |
Chart |
News |
PowerRating)
91 30.60 1,832,942 3,593,600
Convergys
(
CVG |
Quote |
Chart |
News |
PowerRating)
80 38.36 663,252 1,288,700

Sepracor

(
SEPR |
Quote |
Chart |
News |
PowerRating)
80 51.94
1,876,133

3,684,200
Applied Biosystems
(
ABI |
Quote |
Chart |
News |
PowerRating)
85 32.86 1,080,542 1,620,700

Stocks in Slim Jims

High RS at
or near high


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

FLIR Systems
(
FLIR |
Quote |
Chart |
News |
PowerRating)
88 47.32 387,197 277,400
McAfee.com
(
MCAF |
Quote |
Chart |
News |
PowerRating)
97 30.26 421,305 1,497,200
Silicon Labs
(
SLAB |
Quote |
Chart |
News |
PowerRating)
89 31.66 507,625 1,266,900

 

Low RS at
or near low


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

Becton Dickson
(
BDX |
Quote |
Chart |
News |
PowerRating)
7 33.71 1,023,154 759,600

AmeriPath

(
PATH |
Quote |
Chart |
News |
PowerRating)
14 30.00
338,895

277,800
Waste Connections
(
WCNX |
Quote |
Chart |
News |
PowerRating)
16 29.10 363,632 362,400

 

Best of luck with your trading Thursday. Please
use protective stops on trades.