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Tuesday, March 06, 2007

Tuesday Stocks to Watch

The market roared back with decent gains after several days of down turns. Is this for real? Have we reach the bottom? I would like to see a good follow-thru day before stepping in buying again. Don't be greedy and wait for confirmations to avoid more unnecessary risks. Volume is a bit lower than the massive sell-off days. The good news is more put options are being purchased by traders.

Advancers:
(GOOG) - Announced more products to support Apple.
(WRNC) - Upgrade from a brokerage firm
(SYKE) - Good earning report
(ISSC) - Upgrade from a brokerage firm

Decliners:
(ITMN) - Poor trial with its key drug
(IPGP) - Earning disappointed

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