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Stocks Decline On Higher Volume, 2 Positions

|Includes:AVGO, BA, FDO, HPQ, JWN, MCHP, MTW, SID, Trina Solar Limited (TSL), XLNX

10/01  @ 8:30am


On Thursday, major indexes reversed to close lower and near session lows.  The reversal on volume is a technical negative and near-term action needs to be monitored carefully.

This morning, futures are pointing to a HIGHER opening for the major indexes.    

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: 
Trina Solar (NYSE:TSL)
Boeing (NYSE:BA)
Family Dollar (NYSE:FDO)
Cmpanhia Siderugica (NYSE:SID)
Nordstrom (NYSE:JWN)
Broadcom (BRCM)
Microchip (NASDAQ:MCHP)
Hewlett-Packard (NYSE:HPQ)
Xilinx (NASDAQ:XLNX)
Manitowoc (NYSE:MTW)

Note: Further strength in these may prompt purhcases...


ETFs:
  XLI, XLY, XLV, IBB, SPY, IVV, IWM, SMH


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



Disclosure: Long 2 positions (subscribers only)
Stocks: TSL, BA, FDO, SID, JWN, AVGO, MCHP, HPQ, XLNX, MTW