Archive for October, 2009
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I recently attended a Worden seminar about their new software, StockFinder.com, which will eventually probably replace TC2007, my favorite analytic program. While there, they talked about the free software that they make available to everyone, Freestockcharts.com. Freestockcharts.com is a platform that is very similar to their new StockFinder software, but it is free and provides [...]
When I teach my class to honors students I find that the biggest mistake they make in trading is buying a stock when it is too extended from support. They buy when it is extended and then sell as it falls back to support. I did that a lot until I reviewed several losses and [...]
From time to time I attend stock meet-ups and listen to members opine about how useless the IBD 100 lists are. People just like to denigrate things without examining the evidence and these untruths tend to get passed on unchallenged. Each Monday, IBD publishes a list of the top 100 growth stocks that meet their [...]
The sudden deterioration in the short term indicators is a little troubling to me. While I am defensive, the longer term weekly up-trends are still intact. Last month, the market weakened considerably early in the month, only to come charging back by options expiration. We do not know whether this pattern will repeat this month. [...]













