Breakouts for Dec 5th : The first pick, AW, first featured as a Gold member pick for July 21st. Friday's heavy volume gain breached $8.81 resistance in the absence of company specific news, setting up a more important test of $9.17 resistance. Friday's move was supported by new highs in on-balance-volume but the MACD remains trapped by resistance, and slow stochastics are no longer overbought. A move to $9.50 will confirm a double top breakout on the point-n-figure chart with next resistance at $10.50. I am looking at a price target measured as part of a projected base. Beyond that it will have a free run to $14. The second pick, WBSN, is a current Gold Member feature from October 27th, but also featured as a breakout for January 28th. Monday's play is to wait for a break of $66.52 resistance, but also to raise current stops in case a double top develops. Positive comments by Cramer on one of last week's Mad Money episodes helped shape the rally back to $66.44. Other than a MACD 'sell' signal there is little to worry about from the technicals. A move to $67 will trigger a double top breakout on the point-n-figure chart as part of a broader target of $87. The third pick, CMT, broke a pennant to the upside on Thursday, and followed that with a break of $8.00 resistance. Earnings were reported in early November but there has been little PR from the company since. Use GTC buy orders down to the low $8s to build a position. Of the three picks it has the strongest technicals and a reasonable Investors Business Daily ranking, but is perhaps overvalued in the short term. Friday marked a double top breakout on the point-n-figure chart with a price target of $15.75. Watch for resistance around $12 which marks the double top from early summer.

Back to top

For those who prefer to set their own price targets the table opposite represents the frequency for a given % return (taken from maximum highs) assuming a fill at at the stated "Buy" price on the open (i.e. the prior days close). The return per trade from 5% risk is typical of what my subscribers can expect from their picks. The return per trade from 10% risk is what one can expect from my free stock picks. Returns will be higher on fills below my "Buy" price

Back to top

96% of featured stocks turn a profit greather than or equal to breakeven, assuming a fill at the prior day's close. 91% of featured stocks return a profit of 1% or more assuming a fill at the prior's day close; 78% of picks return a profit of 2% or more. 92% of featured plays are completed within a 6-month time frame. Stocks which are still in play beyond 6-months are usually experiencing strong rallies. Returns will be higher on fills below my "Buy" price

Buy	Stop	Target	Support	Resistance	Risk:Reward	IBD
$8.49	$7.78	$11.69	$8.00	$11.77	4.5	B-

Back to top

"IBD" refers to Investors Business Daily

Disclaimer

The information found on the Fallond Stock Picks Inc. website (www.fallondpicks.com) has been prepared without regard to any particular investor's investment objectives, financial situation, and needs. Accordingly, investors should not act on any information in this site without obtaining specific advice from their financial advisors and should not rely on information herein as the primary basis for their investment decisions. Information contained herein is based on data obtained from recognized statistical services, issuer reports or communications, or other sources, believed to be reliable. However, such information has not been verified by Fallond Stock Picks Inc. or any of its employees, Fallond Stock Picks Inc. makes no representations or warranties or takes any responsibility as to the accuracy of completeness of any recommendation or information contained herein. Fallond Stock Picks Inc. accepts no liability to the recipient whatsoever whether in contract, in tort, for negligence, or otherwise for any direct or consequential loss of any kind arising out of the use of the information provided on this website, or of the recipient relying on any such recommendation or information (except insofar as any statutory liability cannot be excluded). Any statements nonfactual in nature constitute only current opinions, which are subject to change without notice. Fallond Stock Picks Inc., or their respective affiliates or their officers, directors, analysts, or employees may have positions in securities referred to herein. Neither the information nor any opinion expressed shall constitute an offer to sell or a solicitation or an offer to buy any securities mentioned herein. This document does not purport to be a complete description of the securities market or developments to which reference is made. There may be instances when fundamental, technical, and quantitative opinions may not be in concert. There are risks inherent in all investments, which may make such investments unsuitable for certain persons. These include, for example, economic, political, currency exchange, rate fluctuations, and limited availability of information on international securities. Fallond Stock Picks Inc. and their affiliates make no representation that the companies which issue securities which are the subject of their research reports are subject to, or in compliance with certain informational reporting requirements imposed by the Securities Exchange act of 1934. Sales of securities or services covered in any report or on the web site may be made in only those jurisdictions where such securities or services and Fallond Stock Picks Inc. are qualified for solicitation. Fallond Stock Picks Inc. does not warrant, represent or endorse the accuracy or reliability of any of the information, content, advertisements, or Third Party Sites and Content (as defined below) (collectively, the "Materials") contained on, distributed through, or linked, downloaded or accessed from Fallondpicks.com, nor the quality of any products, information, or other materials displayed, purchased, or obtained by you as a result of an advertisement or any other information or offer on or in connection with Fallond Stock Picks Inc. You acknowledge that any use of or reliance upon any Materials shall be at your sole risk. Fallond Stock Picks Inc. reserves the right, in its sole discretion and without any obligation, to make modifications to any portion of the Fallondpicks.com web site or publications at any time. You acknowledge and agree that you bear responsibility for your own investment research and investment decisions, and that Fallond Stock Picks Inc. shall not be held liable by you or any others for any decision made or action taken by you or others based upon reliance on or use of information or materials obtained or accessed through use of Fallondpicks.com. Prior to any transaction in securities, you should consult with a qualified professional securities or financial advisor.

Copyright 2004-2005 Fallondpicks.com

Click here for sample newsletter

User id: member email address password: "gold"

Allow 24 hours to set up web site access

Subscription rates

12 months for $119 (save 33%)

6 months for $79.99 (save11%)

$14.99 monthly by credit card