Fossil Inc (FOSL  -$1.66 or -3.62% to $44.18) pulled back today and closed below its "max buy" level amid broad-based market weakness following a considerable "breakaway gap" for a new 52-week high and all-time high. It faces no resistance due to overhead supply after triggering a technical buy signal. FOSL was featured in yellow in the 8/10/10 mid-day report (read here). Sales revenues and earnings increases showed impressive acceleration in the 3 latest quarters (Dec '09, Mar and Jun '10) following a streak of 4 negative comparisons versus the year ago period. It is a promising looking outlier while a lack of leadership in the Retail/Wholesale - Jewelry group (L criteria) has been noted as a concern along with recent distributional action noted in the major averages.  The M criteria argues that 3 out of 4 stocks will follow the direction of the major averages, so any additional technical weakness in the market would hurt its chances and might raise greater concerns.