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Jim Van Meerten
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Jim Van Meerten is an advisor to Marketocracy Capital Management and writes on financial subjects here and on Barchart Portfolio Blogs and Seeking Alpha. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and... More
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Marketocracy capital management
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  • China Distance Education - DL - Has run its course 0 comments
    Aug 26, 2010 3:21 PM | about stocks: DL

    I'm deleting China Distance Education (NYSE:DL) from the Barchart Van Meerten Speculative portfolio for downward price momentum reasons:

    • Lost 14.54% last month
    • Down 5 straight days
    • 60% Barchart short term sell signal
    • Trading below its 20, 50 and 100 day moving averages
    • Relative Strength Index is only 34.79% and falling
    Jim Van Meerten is an investor who writes on investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.

    Disclosure: No position at the time of publication
    Stocks: DL
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