Steve Woods' Float Analysis Newsletter

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November 11, 2006

	This Week's Stock Pick Beazer Homes (BZH) Support at 50% Float Line Formation As of Friday (November 10, 2006), BZH just found support at its 50% Float Line. It did this after first breaking out above a float turnover at the bottom, moving up briefly and then pulling back to its 50% float channel line. It just made a strong up move and appears to be moving higher. This Week's Chart Lesson Qiao Xing Univ Telephone (XING) Support at 50% Float Line Formation XING made a formation similar to BZH back in September and was up 55% in 22 days. The lesson here is that once a bottom is in, stocks often find support at various corrective levels seen on Float Charts. One of these levels is the 50% float channel line. XING found support at its 50% float line and bounced higher. Will BZH be like XING? Only time will tell. See both charts below! STUDY THE CHARTS ABOVE as well as our Archive AND THEN CONSIDER SIGNING UP FOR A SUBSCRIPTION SERVICE AT FLOATCHARTS.COM Have a Good Week, Be Prosperous, and Keep in Touch

	INFO ON OUR PREMIER FLOAT CHARTS WEB SITE Want to find stocks like those above? Check Out Our Web Site and Consider subscribing to www.FloatCharts.com. We track Float Turnovers on over 7000 stocks and scan the market for ABC Float Set-Ups, Breakouts and Breakdowns that are poised to make big gains. Our *Float Charts Central* site is the world's premier site for Float Charts and Float Analysis. We also send out Stock Alerts and a Weekly Newsletter. Check us out! At www.FloatCharts.com we're always on the lookout for trading opportunities. We currently have a Silver ($30 a month) and a Gold ($75 a month) Package. Visit our homepage and see the results of some recent stock picks (near the bottom). You'll be amazed at the power of Float Charts and the returns our stock picks can generate. Our stock picks are based on the ideas found in Steve's book Float Analysis, Powerful Technical Indicators Using Price and Volume (Wiley, 2002). The book's former title was The Precision Profit Float Indicator (Marketplace Books, 2000).
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