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Around the Horn: Stocks to Watch for September 6
By Adrian Manz | Published  09/6/2006 | Stocks | Unrated
Around the Horn: Stocks to Watch for September 6

Accenture Ltd (ACN) looks ready to retrace some of Thursdayââ,¬â"¢s Fast Ball move and will be on the short sale watch list for Wednesday.

Affiliated Computer Services (ACS) left a Line Drive on heavy volume on Tuesday and will be of interest on Wednesday on any move above 53.78.

Anixter Intl Inc (AXE) is a potential Sinker setup, as the stock left a Fast Ball at new highs. If the stock fails to break through 57.97 tomorrow, we will look to capture any reaction move to the downside.

Accenture Ltd

Affiliated Computer Svcs Inc

Anixter Intl Inc

A JP Morgan downgrade had choclatier Hershey Foods Corp shares in a bittersweet Fast Ball move lower on Tuesday. The stock did not close as close to the bottom of the range as I would prefer for a continuation setup, but I will be watching for signs of a retracement that loses ground throughout the Wednesday session.

Hershey Foods Corp

Earnings news had Mobile Telesystems ADR (MBT) up significantly in early trading.   By the close, however, the stock was perched in an Infield Fly that has us looking at it very carefully as a freefall candidate for Wednesday.

Mobile Telesystems

Scripps Co (SSP) is back on our watch list. This time, a Double Header setup has the stock looking weak. We will be on the lookout for trade that moves the stock below the Friday session low.

Scripps E.W.Co Cl A

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