Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Major Iindexes Reclaim 50dMA, 9 Positions

|Includes: AKAM, Bucyrus International, Inc. (BUCY), CTSH, FFIV, VMW

09/03  @ 8:20am


On Thursday, major indexes extended Wed.'s follow-through rally on lower volume ahead of this mornings Jobs Report (8:30am EST).  

A strong positive development is that major indexes are once again ABOVE 50dMA suggesting a new UPTREND may be underway. Numerous BREAKOUTS continue to develop and numerous stocks are meeting the criteria.  

Focus is on stocks meeting the CRITERIA & setting stop-loss limits / trailing stops as stocks rise in price.


Selective Chartists Positions (with BUY price):  9 (subscribers only)


Closely Monitoring: 

Bucyrus (NASDAQ:BUCY
Akamai (NASDAQ:AKAM)
VMware (NYSE:VMW)
F5 Networks (NASDAQ:FFIV)
Cognizant Tech (NASDAQ:CTSH)


ETFs:  QQQQ, DIA, XLI, XLY

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



Disclosure: Long: WLT, TSL, CLF, NFLX, FCX, CMG, MTL, AMZN, BIDU