I've done all my screens in advance, built a strong watch list of leading stocks and waited for a new rally. With all the pieces in place, I need only wait for a breakout to occur, then pounce. But it's not that easy. A strong and healthy market will, at times, yield multiple breakouts in quick succession. My question are.... 1) When they are so many buy signals, how you choose which one to buy? 2) How to narrow down my candidates? Please advice! P/S: I am no fan of fundamental research, please provide your views on technical aspects!

Your heading “Which One To Buy” should be “When to Buy”. As “When” is the most important question but that’s another discussion. I agree with the “wabbit”. First start looking at the over all market trend then drill down through the sectors, sub sectors and then the stocks. As far as fundamental analysis, don’t throw it out completely as it can be helpful. You can get stocks candidates from the IBD or Canslim list as they have been screened for some fundamentals. And for sure, know when earnings will be announced or you may wind up with an unintended stock split. Your indicators may not give you advance warning. The most important is MONEY MANAGEMENT. Before you buy know when you will be getting out of the position. In other words, ask yourself “when do I know I was wrong.” There is more to money management then the few lines printed here.