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Sunday, October 02, 2005

Market Recap
 Not a bad week for the indices at all.  Although it may not seem like it, the DOW quietly gained 149 points for the week and is back well above 10500 again, with a close of 10568 on Friday, gaining 15 points for the day.  The NASDAQ gained 21 points for the week with half of those gains coming in Friday's 10 point move up.  The NASDAQ also closed at 2151 just above the key resistance level of 2150.  It was a quite week for the S&P as it added just 13 points all week with a 1 point gain on Friday and closed at 1228 just above the 1225 resistance area.  Tomorrow is the first trading day of the 4th quarter as fund managers jockey their portfolio's, possibly selling their past winners to lock in gains and buying new potential leaders.  

Day Trades
 It was another super day for day trading Friday while the market went nowhere.  Many of the stocks from our pre-market day trade alert were up nicely which proved to make Friday a very profitable day for those who traded these stocks.  Some of the better movers from our list included: SNDK, AAPL, VRTX, ENER, BOOM, HOKU and GOOG.  We have received a lot of positive feedback from this added feature so we will continue to make this list available to you each morning before the market opens.  We appreciate your feedback and ask that you continue to tell us what you like and dislike about our service.  We are constantly looking for ways to improve our service to you and your ideas are very important to us.  The Day Trade watch lists as well as many other site improvements have come from your requests.  We are listening. 

The Chart Parade
 The market may seem flat if you look at the indices but behind the scenes there is a stealth rally going on with many stocks making new highs daily.  There are still many great charts from which to find great trade set-ups.  Tonight we have a parade of charts with terrific set-ups so let's get right to them.  Below are the links to these charts. 

STHQ Chart Index
 If you go to the chart index in the left side menu, you can review and study charts that we have annotated for each stock listed in the past. 

 For New Members
 For all of the new members with us, please make sure to read the link “How to use Bulletin” at the bottom of the Bulletin page on the website. It is critical that you know how to use this trading tool before trying to trade the stocks mentioned. The effectiveness of your trades will diminish if you do not completely understand how the information is presented. 

Earnings Calendar
We have added the earnings link for each stock on the bulletin.  To access the link for earnings, you can either use the link below or click the link on the bulletin for the corresponding ticker.  Click the online bulletin in the left side menu for access to the earning calendar for each stock listed.  It is not recommended to hold a position through earnings.   You can always buy the stock back after the dust settles. 
http://www.earnings.com

Stockcharts Listing
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http://stockcharts.com/def/servlet/Favorites.CServ...
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