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1upChartist
1upChartist
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1upChartist's Blog : Charts and More Charts = Appear run over by freight train = what to buy or sell

Date August 13, 2011    Comments Comments (1)    Rate this post Recommend This Post (101)   
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I was looking at charts last night and looked at 100 plus.


I was looking it bity signs which says buy me - not more than few like APPLE, or MCD or Edisson.


Most have been run over by freight train and left on track half dead


So what to buy or sell. One requires to think out of box and see the fundamentals for a change. .One can add short interest data as  aguide. Then the short intrest data lags by 2 week . Real time costs money. 


http://www.nasdaq.com/aspxcontent/shortinterests.aspx?symbol=HLS&selected=HLS


So if you are in bullish camp, the go for fundamentals and check if selling has subdued. Whip saw will be there. Do not go for the Gold medal - a bronze will do in todays market - meaning using 30% of funds and if stocks go in your direction - call it a day

Tags : DNB   PANL   FCFS   OIS   TD   ED   AAPL   CMI   PBR   AMGN  

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Author 1upChartist     Date August 13, 2011 11:27 Abuse this post Report Abuse
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For safer bets look at utility, gas, electric companies.
Buy on big red day and sell after 2 to 3 up days - easier said than done - RIGHT?
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