Are there still cheap stocks in this market?

FELE is one of the few bargain stocks in this market... read on

Is it too late to get buy? Has the market gone up too much too fast? Are there still opportunities and bargain stocks left? One criteria to look for stocks trading in a channel, and near its bottom or support line. Screenulator automatically detects these qualifiers daily, and here is a snapshot of results from July 28, 2010: AEA, AMB, ANV, ASPS, CRI, FELE, FRED, JST, LLL, MW, SLP, XEC…

See http://www.screenulator.com/cgi-bin/view_screen?id=47 for the full list and other categories.

There are about five times more qualifiers near top line / resistance, but the few above near bottom lines qualifiers are technically still cheap in spite of the recent market advances.