Wednesday, October 26, 2005

Wednesday's After Market

Market closes on the low of the day. Volume has picked up today. Another distribution day. There are some outstanding performers, ISRG (90.20 +18.21), its earning out smashed the estimates. It could be the next Metronic (MDT). It is a buy.

Stocks to watch tomorrow:

UP:
(ALDA 28.80+2.35) - earning on the upside
(ESRX 62.07+4.93) - upside guidance

DOWN:
(BIDU 68.37 -12.00)- did not exceed "whisper" number, outch!
(FOXH 48.45 -5.23) - Still lose money, lost upside momentum
(DRIV 30.26 -6.82) - downside guidance

If ALDA pasts its old high $30 with volume, and it would be very bullish. I would place a buy-stop at $30.10.

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