SecurityStockWatch.com 100 Index Monthly Chart - October 2005

SSW 100 Index Drops Sharply in October

After five consecutive months of gains, the SSW 100 Index dropped sharply by 5.2% in October from 190 to 180. Uncharacteristically, it dropped much more than the major indexes. Of the majors the S&P 500 experienced the largest decline falling 1.8% from 1,229 to 1,207 (140 to 137 on a comparable index basis). The NASDAQ was off 1.5% from 2,152 to 2,120 (161 to 159 on a comparable index basis) and the Dow only fell 1.2% from 10,569 to 10,440 (127 to 125 on a comparable index basis).

Decliners far outpaced advancers by 55 to 35, but the real story here is the number of decliners that fell significantly. While only four advancers rose by more that 10%, twenty-nine of the decliners dropped more than 10%, and nineteen of the latter fell by more than 15%.

Those rising by more than 10% were:

Atmel up 18% to $2.44
Checkfree up 12% to $42.50
Viisage Technology up 11% to $4.60
VeriSign up 11% to $23.63

The decliners off by more than 15% were:

IntelliCheck down 31% to $2.98
Calgon Carbon down 31% to $5.45
FLIR Systems down 29% to $20.96
Mercury Computer Systems down 28% to $18.99
Hollis-Eden Pharmaceuticals down 26% to $4.75
Carreker Corp. down 22% to $5.49
ActivCard down 22% to $3.37
Duratek down 22% to $14.27
Entrust down 21% to $4.45
Digital River down 20% to $28.01
Tumbleweed Communications down 19% to $3.42
WatchGuard Technologies down 19% to $3.48
Abgenix down 18% to $10.40
Geo Group down 18% to $21.84
Gen-Probe down 18% to $40.79
American Power Conversion down 17% to $21.38
Deluxe Corp. down 17% to $33.33
Aladdin Knowledge Systems down 17% to $17.59
Headwaters down 15% to $31.84

>>SecurityStockWatch.com 100 Index Monthly Chart and Commentary Archive