Lessons learned

I've learned an import lesson in the markets this week, people holding onto stocks do not directly influence market prices, only the active buyers and sellers do. That being said, when a stocks price rises or falls drastically in a short period of time on average or less volume, short term corrective action almost always follows immediately. The exception seems to occur with large volumes of shares traded. Either momentum or consolidation seems to occur.

Picks for end of day 08/24/2007:
ADAM, ADAM INC (Google Yahoo Earnings Chart)
ADVNB, ADVANTA B (Google Yahoo Earnings Chart)
ASYT, ASYST TECHNOL INC (Google Yahoo Earnings Chart)
CTHH.OB, CATCHER HOLDINGS (Google Yahoo Earnings Chart)
DSL, DOWNEY FINANCIAL (Google Yahoo Earnings Chart)
ECHO, ELECTRONIC CLEARI (Google Yahoo Earnings Chart)
ELRN, ELRON ELECTRONICS (Google Yahoo Earnings Chart)
ENCY, ENCYSIVE PHARMA (Google Yahoo Earnings Chart)
GERN, GERON CORP (Google Yahoo Earnings Chart)
GILD, GILEAD SCIENCES (Google Yahoo Earnings Chart)
GPCB, GPC BIOTECH AG (Google Yahoo Earnings Chart)
HTV, HEARST ARGYLE TV (Google Yahoo Earnings Chart)
ILX, ILX RESORTS INC (Google Yahoo Earnings Chart)
JOYG, JOY GLOBAL INC (Google Yahoo Earnings Chart)
LVS, LAS VEGAS SANDS C (Google Yahoo Earnings Chart)
MALL, PC MALL INC (Google Yahoo Earnings Chart)
MEG, MEDIA GENERAL CL (Google Yahoo Earnings Chart)
MFW, M&F WORLDWIDE CP (Google Yahoo Earnings Chart)
NKTR, NEKTAR THERAPEUTI (Google Yahoo Earnings Chart)
NRGN, NEUROGEN CP (Google Yahoo Earnings Chart)
NSM, NATL SEMICONDUCTO (Google Yahoo Earnings Chart)
PARL, PARLUX FRAGRANCE (Google Yahoo Earnings Chart)
POL, POLYONE CORP (Google Yahoo Earnings Chart)
REVU, PRINCETON REVIEW (Google Yahoo Earnings Chart)
RHY, RMK MS HI INCOME (Google Yahoo Earnings Chart)
STR, QUESTAR CP (Google Yahoo Earnings Chart)
TWLL, TECHWELL COMMON (Google Yahoo Earnings Chart)