Look For New Leaders As Market Languishes.

Byline: David Saito-Chung, Investor's Daily

With techs well below their March highs and blue chips battling for their lives, is now a good time to take an eye off the market? Hardly. As the market regains its footing, new leaders set up to pace the next rally. Some of the past big winners could lead again, but it's likely that a new set of stocks will carry the market higher. Now is the time to hunt for those stocks. The keyto picking great growth names is finding top companies in a hot industry and buying them when their stocks break out of sound price patterns on a burst of volume. Building a watch list of stocks that fit these traits will give you an edge when the …