Wednesday was a brutal day on Wall Street. The major averages plunged on concerns Europe's debt crisis is getting worse. Sparking the sell-off was soaring yields of Italian debt above 7% to Euro-area record levels after LCH-Clearnet increased margin requirements for buying the country's bonds. The selling accelerated on reports German Chancellor Angela Merkel's party wants it possible for countries to leave the euro zone. Greece's inability to agree on leadership for interim government added to the uncertainty.

Financials paced the decline with Dow component JP Morgan Chase & Co (JPM -7.08%) diving. The Goldman Sachs Group Inc (GS -8.21%) fell even harder after disclosing it faces $15.8 billion in mortgage securities related lawsuits. The 10-year Treasury note gained 31/32 to yield 1.97%.

A rising dollar weighed on energy and commodity-linked stocks including Chevron Corp (CVX -4.21%) and Alcoa Inc (AA -5.38%). Adobe Systems inc (ADBE -7.69%) fell after an earnings miss that included a 7% job cut. The new General Motors Company (GM -10.90%) gapped down for a damaging loss after cutting its outlook for Europe. Best Buy Co Inc (BBY +1.42%) stood out in a red sea.

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PICTURED: With Europe's situation looming large over markets, the NYSE Composite Index's rally recently stalled shy of its 200-day moving average (DMA) line and earlier lows that were prior chart support.

The Broker/Dealer Index ($XBD -6.60%) and Bank Index ($BKX -5.90%) led widespread losses on Wednesday.  Energy-related shares also fell hard as the Oil Services Index ($OSX -5.41%) and Integrated Oil Index ($XOI -4.75%) followed faltering financial shares with large losses.  The tech sector saw unanimous losses from the Networking Index ($NWX -5.04%), Semiconductor Index ($SOX -4.62%), Internet Index ($IIX -3.72%), and Biotechnology Index ($BTK -2.68%). The Retail Index ($RLX -2.88%) sank, and defensive groups including the Healthcare Index ($HMO -2.62%) and Gold & Silver Index ($XAU -3.34%) also were smacked with losses.

Charts courtesy www.stockcharts.com

PICTURED: The Broker/Dealer Index ($XBD -6.60%) slumped under its 50-day moving average line with today's large loss.

Often, when a leading stock is setting up to breakout of a solid base it is highlighted in CANSLIM.net's Mid-Day Breakouts Report. The most relevant factors are noted in the report which allows prudent CANSLIM oriented investors to place the issue in their watch list. After doing any necessary backup research, the investor is prepared to act if and when the stock triggers a technical buy signal (breaks above its pivot point on more than +50% average turnover). In the event the stock fails to trigger a technical buy signal and its price declines then it will simply be removed from the watch list. In other cases, stocks may be featured in CANSLIM.net's Mid-Day Breakouts Report.after recent action already triggered technical buy signal. Disciplined investors know to buy as near as possible to the pivot point and avoid chasing stocks after they have rallied more than +5% above their pivot point. It is crucial to always limit losses whenever any stock heads the wrong direction, and disciplined investors sell if a struggling stock ever falls more than -7% from their purchase price.

Transdigm Group Inc (TDG -$1.74 or -1.77% to $96.77) hit a new 52-week high on the prior session with a volume-driven gain helping it break out from a 19-week base. Today it pulled back on higher volume while consolidating above prior highs while it was featured in yellow in the mid-day report (read here) with a pivot point based on its 7/07/11 high plus 10 cents. Reported earnings +38% on +52% sales revenues for the quarter ended June 30, 2011 versus the year ago period. Prior earnings comparisons were right at the +25% guideline and it has maintained a strong annual earnings history (A criteria). Volume and volatility often increase near earnings news and it is due to report earnings for the September period soon. In recent years it has rebounded and rallied to new highs following a deep consolidation after it was dropped from the Featured Stocks list 1/17/08.

The number of top-rated funds owning its shares rose from 383 in Dec '10 to 401 in Sep '11, a somewhat reassuring trend concerning the I criteria. Its Up/Down Volume Ratio of 1.2 currently hints at near-term accumulation as well. Its small supply of only 43.1 millions shares (S criteria)  in the public float can also make is a big mover in the event of institutional accumulation or distribution. Disciplined investors always limit losses at -7% from their purchase price to remove the possibility of any small loss growing to become a larger and potentially more devastating loss. Pyramiding into positions also is a smart tactic to let the market action dictate how heavily weighted an investor may get into any promising buy candidates.

Color Codes Explained :
Y - Better candidates highlighted by our staff of experts.
G - Previously featured in past reports as yellow but may no longer be buyable under the guidelines.

***Last / Change / Volume data in this table is the closing quote data***

Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (% 50 day avg vol)	52 Wk Hi % From Hi	Featured Date	Price Featured	Pivot Featured
								Max Buy
AAPL - NASDAQ Apple Inc COMPUTER HARDWARE - Personal Computers	$395.28	-10.95 -2.70%	$400.89	19,952,990 98.58% of 50 DAV 50 DAV is 20,240,500	$426.70 -7.36%	9/16/2011	$399.14	PP = $404.60
								MB = $424.83
Most Recent Note - 11/9/2011 7:09:23 PM G - Loss today on higher (near average) volume led to a test of its 50 DMA line and recent lows defining an important chart support level. >>> The latest Featured Stock Update with an annotated graph appeared on 10/20/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
ADS - NYSE Alliance Data Sys Corp COMPUTER SOFTWARE and SERVICES - Information and Delivery Service	$100.49	-2.81 -2.72%	$101.83	940,861 99.08% of 50 DAV 50 DAV is 949,600	$107.18 -6.24%	10/21/2011	$97.94	PP = $101.15
								MB = $106.21
Most Recent Note - 11/9/2011 9:44:40 PM Y - Down today on higher (near average) volume, closing just under its pivot point and raising some concerns. Prior chart highs in the $101 define initial support to watch well above its 50 DMA line. >>> The latest Featured Stock Update with an annotated graph appeared on 10/21/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
ALXN - NASDAQ Alexion Pharmaceuticals DRUGS - Drug Manufacturers - Other	$64.07	-0.77 -1.19%	$65.22	1,383,982 91.62% of 50 DAV 50 DAV is 1,510,500	$70.42 -9.02%	9/15/2011	$63.20	PP = $60.81
								MB = $63.85
Most Recent Note - 11/9/2011 9:50:09 PM G - Inched lower to a close below its 50 DMA line today raising concerns. It has been weeks since volume has indicated any great decisiveness in direction. >>> The latest Featured Stock Update with an annotated graph appeared on 10/18/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
CATM - NASDAQ Cardtronics Inc DIVERSIFIED SERVICES - Business/Management Services	$26.22	-1.03 -3.78%	$27.05	472,589 117.71% of 50 DAV 50 DAV is 401,500	$28.46 -7.87%	11/8/2011	$25.99	PP = $25.95
								MB = $27.25
Most Recent Note - 11/9/2011 9:53:23 PM Y - Pulled back today on average volume following its heavier volume breakout on 11/08/11. Prior highs in the $26 area define initial chart support to watch. See the latest FSU analysis for more details and an annotated graph. >>> The latest Featured Stock Update with an annotated graph appeared on 11/8/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
CELG - NASDAQ Celgene Corp DRUGS - Drug Manufacturers - Major	$64.31	-0.87 -1.33%	$65.14	3,616,987 94.22% of 50 DAV 50 DAV is 3,838,700	$68.25 -5.77%	9/16/2011	$61.21	PP = $62.59
								MB = $65.72
Most Recent Note - 11/9/2011 9:55:21 PM Y -Slight pickup in volume (near average) behind today's loss while consolidating just above its 50 DMA line defining important near-term chart support. A violation would raise concerns and trigger a technical sell signal. >>> The latest Featured Stock Update with an annotated graph appeared on 11/7/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (% 50 day avg vol)	52 Wk Hi % From Hi	Featured Date	Price Featured	Pivot Featured
								Max Buy
CEVA - NASDAQ Ceva Inc ELECTRONICS - Semiconductor - Specialized	$29.77	-1.93 -6.09%	$30.95	224,099 94.04% of 50 DAV 50 DAV is 238,300	$35.60 -16.38%	10/28/2011	$34.38	PP = $35.70
								MB = $37.49
Most Recent Note - 11/9/2011 9:56:32 PM Y - Gapped down for a loss on near average volume today. Still consolidating above prior highs since its gap up on 10/27/11 helped it break out of a "double bottom" base pattern. In the 10/28/11 mid-day report (read here) it was featured again in yellow with pivot point based on its 52-week high plus 10 cents while rallying from a larger cup shaped base. It has encountered distributional pressure since, while volume-driven gains above its pivot point are needed to trigger a new (or add-on) technical buy signal. >>> The latest Featured Stock Update with an annotated graph appeared on 11/2/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
FEIC - NASDAQ F E I Co ELECTRONICS - Diversified Electronics	$39.42	-2.03 -4.90%	$40.22	501,812 115.57% of 50 DAV 50 DAV is 434,200	$42.25 -6.70%	10/28/2011	$40.31	PP = $40.88
								MB = $42.92
Most Recent Note - 11/9/2011 9:59:18 PM Y - Gapped down today for a loss with volume slightly above average, closing below its pivot point and raising concerns. Disciplined investors limit losses if a stock falls more than -7% from their purchase price. >>> The latest Featured Stock Update with an annotated graph appeared on 10/28/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
GNC - NYSE G N C Holdings Inc RETAIL - Drug Stores	$25.65	-0.20 -0.77%	$26.06	849,409 66.87% of 50 DAV 50 DAV is 1,270,300	$27.13 -5.46%	10/26/2011	$24.60	PP = $24.80
								MB = $26.04
Most Recent Note - 11/9/2011 10:03:03 PM Y - Consolidating above its pivot point and below its "max buy" level with cooling volume totals indicative that few are rushing for the exits following the recent Secondary Offering completed on 10/15/11. Recent chart lows (near $23.80) define near term support to watch above its 50 DMA line. >>> The latest Featured Stock Update with an annotated graph appeared on 10/26/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
HMSY - NASDAQ H M S Holdings Corp COMPUTER SOFTWARE and SERVICES - Healthcare Information Service	$29.53	-0.98 -3.21%	$30.13	1,201,456 187.49% of 50 DAV 50 DAV is 640,800	$30.82 -4.19%	10/27/2011	$26.44	PP = $28.37
								MB = $29.79
Most Recent Note - 11/9/2011 12:42:21 PM G - Pulling back today after a sharp volume-driven rally beyond its "max buy" level. Prior highs in the $27-28 area define support to watch on pullbacks. >>> The latest Featured Stock Update with an annotated graph appeared on 11/4/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
ISRG - NASDAQ Intuitive Surgical Inc HEALTH SERVICES - Medical Appliances and Equipment	$429.28	-11.91 -2.70%	$437.27	291,500 68.24% of 50 DAV 50 DAV is 427,200	$443.00 -3.10%	10/19/2011	$424.69	PP = $415.29
								MB = $436.05
Most Recent Note - 11/8/2011 7:13:29 PM G - Up today on light volume for its best ever close. Finished above its "max buy" level, and its color code is changed to green again. Prior highs define important support to watch on pullbacks. >>> The latest Featured Stock Update with an annotated graph appeared on 10/19/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (% 50 day avg vol)	52 Wk Hi % From Hi	Featured Date	Price Featured	Pivot Featured
								Max Buy
MG - NYSE Mistras Group Inc DIVERSIFIED SERVICES - Bulding and Faci;ity Management Services	$21.50	-1.31 -5.74%	$22.45	97,760 46.60% of 50 DAV 50 DAV is 209,800	$23.51 -8.55%	10/28/2011	$22.49	PP = $23.61
								MB = $24.79
Most Recent Note - 11/9/2011 10:06:20 PM Y - Prior highs in the $20-21 area define initial chart support to watch above its 50 DMA line. It recently stalled and did not break out of a late stage "3 weeks tight" base pattern. >>> The latest Featured Stock Update with an annotated graph appeared on 10/12/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
MKTX - NASDAQ Marketaxess Holdings Inc FINANCIAL SERVICES - Investment Brokerage - Nationa	$27.84	-1.87 -6.29%	$29.44	146,679 60.04% of 50 DAV 50 DAV is 244,300	$31.45 -11.48%	10/28/2011	$29.79	PP = $31.05
								MB = $32.60
Most Recent Note - 11/9/2011 10:09:01 PM Y - Lack of progress has been followed by a slump today to its 50 DMA line. Its Relative Strength line did not lead the way as it hit recent new highs, it recently has slumped. >>> The latest Featured Stock Update with an annotated graph appeared on 10/31/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
OPNT - NASDAQ Opnet Technologies INTERNET - Internet Software and Services	$45.36	-2.38 -4.99%	$47.14	425,095 185.15% of 50 DAV 50 DAV is 229,600	$47.97 -5.44%	10/11/2011	$38.45	PP = $42.02
								MB = $44.12
Most Recent Note - 11/9/2011 12:55:23 PM G - Small gap down today after churning above average volume in the past week while making limited progress. Previous highs in the $41 area define near-term chart support to watch on pullbacks. Due to report earnings today for the quarter ended September 30, 2011. >>> The latest Featured Stock Update with an annotated graph appeared on 10/25/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
OSIS - NASDAQ O S I Systems Inc ELECTRONICS - Semiconductor Equipment and Mate	$44.39	-2.48 -5.29%	$45.95	129,217 86.96% of 50 DAV 50 DAV is 148,600	$47.39 -6.33%	11/1/2011	$42.07	PP = $45.57
								MB = $47.85
Most Recent Note - 11/9/2011 10:12:20 PM Y - Gapped down today amid a widely negative market after quietly touching new 52-week highs (N criteria) this week with gains lacking great volume. Previously noted - "Lighter than average behind last week's gains, not indicative of great institutional (I criteria) buying demand. Volume-driven gains above its pivot point may trigger a technical buy signal." >>> The latest Featured Stock Update with an annotated graph appeared on 11/1/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
RAX - NYSE Rackspace Hosting Inc INTERNET - Internet Software and; Services	$42.38	-2.50 -5.57%	$44.00	2,327,332 153.30% of 50 DAV 50 DAV is 1,518,200	$46.50 -8.85%	11/8/2011	$44.28	PP = $46.27
								MB = $48.58
Most Recent Note - 11/9/2011 10:14:17 PM Y - Gapped down today and suffered its 2nd loss on above average volume in the span of 3 sessions. Previously noted - "Volume-driven gains into new high ground may trigger a new technical buy signal. After dropped from the Featured Stocks list on 6/16/11 it rebounded near its 52-week high then slumped well below its 200 DMA line during a much deeper consolidation before rebounding again. It is now working on the right side of a 19-week cup shaped base with little overhead supply remaining to act as resistance." >>> The latest Featured Stock Update with an annotated graph appeared on 6/14/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (% 50 day avg vol)	52 Wk Hi % From Hi	Featured Date	Price Featured	Pivot Featured
								Max Buy
SWI - NYSE Solarwinds Inc COMPUTER SOFTWARE and SERVICES - Application Software	$29.61	+0.12 0.41%	$30.40	2,296,385 200.14% of 50 DAV 50 DAV is 1,147,400	$29.75 -0.47%	10/27/2011	$27.78	PP = $25.62
								MB = $26.90
Most Recent Note - 11/9/2011 1:17:13 PM G - On track today for a 6th consecutive small gain into new high territory. It is extended from its previous base pattern. Prior highs in the $25-26 area define initial chart support to watch on pullbacks. >>> The latest Featured Stock Update with an annotated graph appeared on 10/27/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
TDG - NYSE Transdigm Group Inc AEROSPACE/DEFENSE - Aerospace/Defense Products and; Services	$96.77	-1.74 -1.77%	$98.69	832,014 206.25% of 50 DAV 50 DAV is 403,400	$98.93 -2.18%	11/9/2011	$98.45	PP = $95.14
								MB = $99.90
Most Recent Note - 11/9/2011 10:38:31 PM Y - Hit a new 52-week high on the prior session with a volume-driven gain helping it break out from a 19-week base. While consolidating today above prior highs it was featured in yellow (read here) with pivot point based on its 7/07/11 high plus 10 cents. Reported earnings +38% on +52% sales revenues for the quarter ended June 30, 2011 versus the year ago period. Prior earnings comparisons were right at the +25% guideline and it has maintained a strong annual earnings history (A criteria). Due to report earnings for the September period soon. See the latest FSU analysis for more details and a new annotated graph. >>> The latest Featured Stock Update with an annotated graph appeared on 11/9/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
UA - NYSE Under Armour Inc Cl A CONSUMER NON-DURABLES - Textile - Apparel Clothing	$80.89	-2.88 -3.44%	$82.92	819,481 59.61% of 50 DAV 50 DAV is 1,374,700	$87.40 -7.45%	10/25/2011	$82.43	PP = $80.80
								MB = $84.84
Most Recent Note - 11/8/2011 1:56:47 PM Y - Small losses on light volume led to a pullback below its "max buy" level and its color code was changed to yellow again. No resistance remains due to overhead supply following its recent spurt of volume-driven gains. Prior highs near $80 define initial support above its 50 DMA line. >>> The latest Featured Stock Update with an annotated graph appeared on 11/3/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
V - NYSE Visa Inc Cl A DIVERSIFIED SERVICES - Business/Management Services	$93.13	-1.41 -1.49%	$94.10	4,899,207 92.70% of 50 DAV 50 DAV is 5,285,000	$95.87 -2.86%	10/24/2011	$94.21	PP = $94.85
								MB = $99.59
Most Recent Note - 11/8/2011 7:28:35 PM Y - Today's gain on near average volume led to its second best close ever. Still perched within close striking distance of its 52-week high, it did not trigger a proper new technical buy signal since recently highlighted in yellow as an ideal looking set-up. Its 50 DMA line defines near-term chart support to watch. >>> The latest Featured Stock Update with an annotated graph appeared on 10/24/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M