Monday, September 8, 2008

Multifarious Morsels III

The bailing out of Freddie and Fannie is lending to continued strength in financials. The S&P Financial Sector Index (SPSY 303.43) is up another 6% since this post. A break through 302 would really build confidence that the markets have bottomed.
  • Pharmaceutical Product Development, Inc. (PPDI 45.03) Spread Triple Top Breakout, watch for further strength above $44.90 to be accompanied by strong volume.

  • JNPR (24.96) attempting to fill the gap up resulting from good news in June.

  • Aeropostale (ARO 36.52) A move above 37.40 on 5 to 6 million shares. Double Top Breakout on September 3. Previous posts.

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