Sunday, May 20, 2007

IBD 100 Stocks Near Their Buy Point

I always check the Monday Special Edition of Investors Business Daily for stocks in the IBD 100 that are highlighted as being near their buy point. I like to watch these stocks because they can be very frisky on Monday morning. These stocks can be good swing and day trade candidates. Some traders even look for opportunities to short these stocks on Monday morning. Regardless, these will be on my watch list tomorrow.

This weeks selections are:

(These are all weekly charts)

RIMM: Slightly above buy point.



STLD: Slightly above buy point.



SPN: Slightly above buy point.

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