dennis, this guy is sharp>
Tom Dorsey, Dorsey, Wright & Associates - Taking Stock (CNXT, GPS, SUNW, RN, PFE, EMC, GE, ELY)
Short term outlook positive
In late march, 7 out of 10 stocks in Dow were low
Reversal this Q - thinks 10 stocks will outperform instead of underperform
Likes small stocks and cyclicals
Picks today:
CNXT - Up 5/8 at 30 1/8
GPS - Up ¼ at 69 ½
SUNW - Down 3 3/16 at 51 ¾
RN - Up 3/8 at 25 11/16; between 20 and 30; won't get much out of it; stable yield
PFE - don't rush; Forbes had them on cover as company of the year, which is a bad sign
EMC - shake out pattern; a buy
GE - fantastic; buy it; have patience
ELY - everyone who wants to sell has sold; hold on to it
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