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Around the Horn: Stocks to Watch for August 21
By Adrian Manz | Published  08/21/2006 | Stocks | Unrated
Around the Horn: Stocks to Watch for August 21

On Monday, Eaton Corp (ETN) will be on the radar around here for a possible Infield Fly reversal.   The stock stopped dead in its tracks at the 50-period simple moving average on average volume during Fridayââ,¬â"¢s trading.

Starwood Hotels & Resorts Worldwide (HOT) is back on the short side of the simple moving averageââ,¬â"¢s, with Fridayââ,¬â"¢s trading leaving the stock in a Switch Hitter reversal setup as well. I will be particularly interested in a short side entry on a retest and failure of the 20-period simple moving average level.

Eaton Corp.

Starwood Hotels & Resorts Worldwide

Tyco International Ltd (TYC) left a Double Header reversal on Friday. The stock found late day gravity at the 50-period simple moving average, but still looks weak. We will be looking to short around 26.20.

Tyco International Ltd

We will keep the Fast Ball Reversal of New Highs position in Forest Laboratories Inc (FRX) from Fridayââ,¬â"¢s open on Monday with an initial target of 49.40 and a stop just a few ticks above Fridayââ,¬â"¢s entry.

Forest Laboratories Inc

Adrian Manz is the author of Around The Horn: A Trader's Guide To Consistently Scoring In The Markets and is cofounder of TraderInsight.com. Email him at adrian@traderinsight.com.