08/20 @ 8:50am
On Thursday, major indexes fell as disappointing economic data concerned investors. Volume was higher across the board.
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): 5 (subscribers only)
Network Appliance (NASDAQ:NTAP)
Cliffs Natural (NYSE:CLF)
Walter Ind. (NYSE:WLT)
RINO Intl. (OTC:RINO)
F5 Networks (NASDAQ:FFIV)
Cognizant Tech (NASDAQ:CTSH)
ETFs: Inverse Fuds
SDS, SH, DXD, QID
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Disclosure: Long 5 positioons - subscribers only