Saturday, November 05, 2005

Stock Market Weekend Review - What's Ahead for Next Week

Another great week for the market. I expect another good run for the market to break new higher by Thanksgiving holiday. The sentiment is very good lately even with all the bad news, such as Katrina, Iraq, high gasoline price, etc.

There are many break out stocks to be considered: ISRG, MRGE, LOJN. All these stocks broke out of their trading ranges, and they marched into new highs. If you have read my previous blogs, then you should have noticed them, and perhaps you have taken into some positions into them. If the market continues its uptrend. I would expect these high momentum stocks to continue their trends and breaking more new highs.

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