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Stockscom Report for Sunday Sep 11 2003

The move lower in equities these past two days concerns us as it could represent a telegraphing of more important weakness in equities than first believed. To prevent unnecessary losses, we apply stops to certain shares. In the case of SAPE, the stop-loss should be at $3.15. For CHU, we want to apply a stop-loss of $6.85. For ABB, we put the stop at the close of Aug. 27 which is $5.23. Finally, for SCLD, we wish to apply a stop at $3.75.

 


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