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Around the Horn: Stocks to Watch for October 13
By Adrian Manz | Published  10/13/2006 | Stocks | Unrated
Around the Horn: Stocks to Watch for October 13

On Friday, we will be watching Florida Rock Industries Inc (FRK). The stock left a low level Fast Ball setup on Thursday and looks strong with good support into the close.

Fisher Scientific International Inc (FSH will be on the radar as a potential Sinker setup. The stock left a Fast Ball setup at new highs on Thursday, and may be a reversal candidate if things move lower on Friday.

Florida Rock Industries Inc

Fisher Scientific International Inc

The late day rally had Goodrich Co (GR) on solid ground going into the close. If we see continued strength on Friday, we will be looking for a Fast Ball continuation move.

Goodrich Co

Legg Mason Inc took a breather and left a Backdoor Slider on Thursday. We will be watching for another pop lower on Friday if the brokers show any signs of weakness.

Legg Mason

Precision Castparts Corp (PCP) had a pullback Fast Ball on solid volume and looks to be a good candidated for a continuation move Friday. We will watch the basic material stocks and steep producers in particular for signs of a potential follow through trade.

Precision Castparts Corp

Thermo Electron Corp (TMO) made a strong move into the close and will also be a Fast Ball continuation candidate on Friday.

Thermo Electron Corp

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.