Watchlist for August 30, 2004

Once again my list is dominated by shorts…

Currently holding:

Long – None

Short – ADI, MOGN, SFA

Looking for swing trade entries in:

Longs – DKS

Shorts – A, ADTN, AVID, CHKP, CRL, CYMI, DIGE, DLTR, DRIV, EYE, MSTR, NATI, STK, WFMI

Potential day trades:

(From Briefing.com)

Gapping Down

ACDO -27% (reports in-line, but cuts Y05 outlook), TZOO -5% (negative Barron’s article), CURE -3.6% (in sympathy with ACDO) … Under $3: MANU -6.6% (co’s president let go).

Gapping Up

TSRA +6.6% (raises guidance), LNR +6% (to be acquired by Cerberus Capital), NXTL +2.2% (CIBC upgrade), OSIS +1.5% (mentioned in Barron’s), BSMD +7.4%…. Under $3: PFSW +20% (signs new, large national brand name client), AATK +15% (co and Leviton sign new OEM supply agreement for Zone Cabling), WHT +8% (acknowledges receipt of the unsolicited offer made by Coeur d’Alene Mines).

Disclaimer & How I use this list