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Difficult Finding Stocks Meeting CRITERIA, 100% CASH

|Includes:Aruba Networks, Inc. (ARUN), BBT, LRCX, PNC

01/19   8:45am


On Tuesday, stocks reversed to post modest gains.  Volume rose. 

Major indexes are RSI 70+ signaling EXTENDED. See Big Picture Snapshot 01/16
http://www.selectivechartists.com/index.php?option=content&task=view&id=2423&Itemid=50


Of the 750 stocks monitored in the database, it is extremely difficult to find candidates that are close to / meeting the CRITERIA.  Pullbacks would be healthy for stocks to digest gains & rebuild momentum.

This morning, futures are pointing to a LOWER opening. 


Focus is on stocks meeting the CRITERIA & setting stop-loss limits / trailing stops as stocks rise in price.  However, market pullbacks can curb gains / performance of the strongest stocks. 


Selective Chartists Positions (with BUY price):   None  100% CASH


Closely Monitoring:  
BB&T (NYSE:BBT)
PNC (NYSE:PNC)
Aflac (NYSE:AFL)
Broadcom (BRCM)
Lam Research (NASDAQ:LRCX)
Caterpillar (NYSE:CAT)
Autodesk (NASDAQ:ADSK)
Westernn Digital (NYSE:WDC)



View postings on StockCharts:
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID1563855

Stocks: ARUN, BBT, LRCX, PNC