Selective Chart...'s  Instablog

Selective Chartists
Send Message
Hello and welcome to Selective Chartists. I am Joe Majocha, full-time trader (NYSE, NASDAQ growth stocks) since 2000 and founder of SC(2004). SC offers stock analysis and trading considerations for hedge funds, financial analysts and self - directed traders. Our uniqueness is proprietary scans... More
My company:
Selective Chartists - Stock Analysis - Buy / Sell, When & Why
My blog:
Selective Chartists
My book:
The ART Of The CHART - Knowing When and Why To Buy & Sell Stocks
  • Stocks Reverse To Close Lower, 2 Positions 0 comments
    Aug 24, 2010 8:37 AM | about stocks: AKAM, VMW, NTAP, AMZN, MCD, FFIV, CTSH, NFLX

    08/24  @ 8:25am

    On Tuesday, major indexes rallied thoruhg mid-day and then reversed to close near session lows. Volume was lighter from previous session.   

    Major indexes are BELOW 50 & 200dMA displaying NEGATIVE indicators. 

    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. 

    Selective Chartists Positions (with BUY price):  2 (subscribers only)

    Closely Monitoring: 
    Network Appliance (NASDAQ:NTAP)
    Amazon (NASDAQ:AMZN)
    McDonalds (NYSE:MCD)
    RINO Intl. (OTC:RINO)
    F5 Networks (NASDAQ:FFIV)
    Cognizant Tech (NASDAQ:CTSH)
    Netflix (NASDAQ:NFLX)

    ETFs:  Inverse Fuds

    View postings on StockCharts:

    Disclosure: 2 positions (subscribers only)
Back To Selective Chartists' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.