Archive for April, 2010
Dive into the archives.
Well, the QQQQ finally closed below its 10 day average for the first time since February. The GMI and GMI-R are now down from their peak levels. However, the QQQQ short and longer term up-trends remain intact–for now. The Worden T2108 Indicator is now down to 66%, the lowest reading since March 1st when it [...]
I have been watching TRLG for a while. It came to my attention when it hit a 52 week high a few weeks ago. I went to its monthly chart (click on chart to right) and saw that the stock has two promising characteristics. First, it was about to break its all-time high. TRLG reached [...]
I thought you might like to know a way to buy a stock for little money down using deep in-the-money call options. I became aware of this option (pun intended!) by reading Lee Lowell’s wonderful book on ways to get rich from options. A call option provides someone the right (but not the obligation) to [...]
Julia Ormond, who hosted my webinar, will be presenting a free training class on the Worden software in Bethesda on May 7th and 8th. I always learn something from her excellent workshops. I plan to attend the Saturday workshop–look for me if you can make it. You can register at the Worden site.
The response to my webinar with Julia Ormond, of Worden, was very gratifying. I described a scan that I use to find a stock rebounding from an oversold condition. It employs an oversold stochastic together with a bounce from, or break out above the 30 day moving average. If you would like a copy of [...]
The people who developed the TC2007, FreeStockCharts.com, and StockFinder charting and technical analysis software have invited me to give a webinar on technical analysis this Tuesday evening at 8:00 PM. I plan to talk about the GMI and a scan I use to find and time good buy candidates. The webinar is free and you [...]
I wrote on February 10th that during January’s decline, the IBD100 stocks got “trounced.” Well, I just looked at the performance of IBD100 stocks during the current rally. The table below shows that the stocks on the IBD 100 list published on February 22nd











