SecurityStockWatch.com 100 Index Monthly Chart - September 2005

SSW 100 Index Up For Fifth Month and Almost at New High

The SSW 100 Index rose 1.2% from 187 to 190, its fifth consecutive monthly gain. It also came within a fraction of topping its all time high in December 2004. It again outpaced the majors. The Dow was up 0.8% from 10,482 to 10,569 (126 to 127 on a comparable index basis). The S&P 500 gained 0.7% from 1220 to 1229 (139 to 140 on a comparable index basis). The NASDAQ finished in a virtual dead heat with the prior month with both months rounding to 2,152 (161 on a comparable index basis), unusual as it normally comes closer to the SSW 100 Index’s performance than the other two majors.

Gainers modestly outpaced decliners with 53 up, 45 down and 2 even. Seventeen gainers increased by more than 10% and seven of those were up by more than 15%. Only six of the decliners dropped by more than 10%.

The leaders on the upside were :

Tumbleweed Communications up 28% to $4.23
Clean Harbors up 22% to $33.95
Engineered Support System up 20% to $41.04
Cubist Pharmaceuticals p 19% to $21.54
The Shaw Group up 17% to $24.66
Ceradyne up 16% to $36.68
Abgenix up 15% to $12.68

Those dropping by more than 10% were:

Diebold down 28% to $34.46  
Chemtura Corporation down 28% to $12.42
Hollis-Eden Pharmaceuticals down 20% to $6.39
AuthentiDate down 19% to $2.52
ManTech down 15% to $26.41
Duratek down 13% to $18.28.

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