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Alpesh Patel's columns :
02/16/2005	When does a stock story get old?
02/07/2005	Return Free Risk
01/24/2005	What You Need To Know
01/12/2005	What You Need To Know
12/21/2004	Year End
12/14/2004	Of Mountains and Markets
12/08/2004	Strong Dollar Policy and Other US Macho Nonesense
11/30/2004	Irish Eyes Are Smiling
11/22/2004	Oil. Oh it's so last month
11/15/2004	Eat my shorts
11/08/2004	Big Rally Big Fall
10/31/2004	Big Week
10/25/2004	Vacuum
10/15/2004	Dip and dive or dip and rise: 4600, 4700�4500.
10/11/2004	Oil making us boil.
09/27/2004	The Trends Re-Appear >>
09/27/2004	Oil
09/21/2004	No Retail Therapy Here
09/14/2004	Do you feel lucky punk?
08/23/2004	The Market Wants To Move Higher
08/17/2004	August a good swing trader's month
08/06/2004	Where are the jobs?
08/02/2004	August a good swing trader's month
07/26/2004	Takeovers abound
07/19/2004	What does Branson tell us?
07/12/2004	Well valued FTSE?
07/02/2004	Well hello July
06/28/2004	Summer aint bad
06/21/2004	The Real Hot Stuff
06/04/2004	Not bad at all
06/01/2004	May was better than April, hows about June then?
05/21/2004	Broader Market View
05/14/2004	Interest Rates or GDP?

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Alpesh Patel – A weekly look at market opportunities and pitfalls

Alpesh B. Patel is one of the UK's best-known traders and financial journalists. He writes a regular column for the Financial Times, has written seven bestselling books on trading, and makes regular television appearances for Bloomberg, Sky Television, Channel 4, The Money Channel, and the BBC.

The Trends Re-Appear

09/27/2004

Although I did not get the chance to mention on BBC this week, we are seeing some prolongued trends. Even the likes of 'beaten' Colt Telecom which is showing a strong steady trend - the type we trend followers and momentum traders like. It is clearly trying to reach 80p which would be a hefty profit for holders. I would keep a tight stop - a 3 day low and be outta there.

Big Food's rally shows strength too but is not totally convincing and I expect it to move to 90p before continuing upwards in a gentle slope back to 110p.

Corus in the short term is also looking well and healthy. NHP is a bit toppy after its strong rally as is SIG. So what view to take on them? I would wait for a break above recent highs before turning short-term positive.

Misys is also on the radar as a break-out stock to the upside - looking for a quick 10% rise from 200p to 220p here. Next's rise for the medium term fueled by positive news comment seems likely to continue even though in the short-term it is overbought and could fall as far back as £15.50.

You can meet me at IX Expo next month. Drop me an email with your address to alpesh@tradermind.com if you would like a free multi-media CDROM on 'Investing Better' posted to you.

Back at the ranch, I have mentioned the upside stocks. Looking at the downside - British Airways. Remember, last year it was at half the price it is today and it is on a downward trend as things stand.

Cadbury has also broken its uptrend and is on a downward path. Any fall below 415p would mean sellers pouncing to push it further south.

Value-Growth

The stocks on my radar which meet my proprietary criteria on value and growth measuring price to earnings growth, sales, profits, and numerous other factors include: Dart Group, Hilton Group, Brandon Hire, Dechra Pharma.

Crazy Small Stock

These are high risk volatile stocks which could move sharply higher or move sharply lower in my view, but will almost certainly not stand still. Names on the radar include Ideal Shopping Direct, Thomson Intermedia and First Calgary.

M&A Target HitList

Will someone put Laura Ashley out of its misery - albeit the stock has rallied of late. Other speculations on M&A include London Scottish Bank and Vitec.

Alpesh B Patel, author of “Alpesh Patel on Stock Futures” available from the ADVFN bookstore.