Jul 16, 2008
Story Timeline: 82 days
David Penn, TradingMarkets.com 07.16.08, 6:30 PM ET Slowly, almost day by day, you can see the quality of potential Short Term PowerRatings stock set-ups improving. Another 10-rated stock appears in our list of Top 25 Stocks and the number of nine-rated stocks doubles overnight, crowding out the good-but-not-great eight-rated stocks. In the audio commentary for our daily stock subscription service, the Battle Plan, our CEO, Larry Connors, made the point that although he felt and observed that the markets were overbought a few days ago, the fact that the number of quality set-ups was so low, almost to the point of being non-existent on one day, kept him from recommending any potential new positions. As we have seen since, the market has only moved lower over the past week. If you are a buyer of weakness, then you recognize...
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