Paul J Singh

I will be watching Broker Dealer, Internet, Semis and Homebuilders very closely this week. Each of these sectors took big hits today and many stocks are near breakdown of either trendlines or moving averages. We must also keep a close eye on gold and energy stocks. Will the “smart money” move into these sectors as the rest of the market breaks down? This is an important question to have answered for swing traders.

Stocks of interest include: LEH, SCHW, MS, GS, AKAM, JOYG, VRSN, LEN, DHI, INSP, YHOO, BRCM, HAL and GG. My “top ten” watchlist is full of *potential* shorts nearing confirmation, and a couple of longs.