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PatternDNA Long & Short Update from March 25th

Apr. 01, 2011 11:15 AM ETPAET, WHLR, TGT, AAL
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Last week's ten stocks came from Kapitall and featured downtrending stocks with low cash to operating expenses. Last week's best-of-the-bunch, PAETEC Holding Corp (PAET), was the second best performer on the week finishing 3.1% higher. Best of the bunch was Cedar Shopping Centers (CDR) at +3.8%.

The two stocks with a bearish projection:Target Corp (TGT) and U.S. Airways (LCC) had a more mixed week. The former closed the week down -1.1%, the latter finished slightly higher at +0.2%. Not a great return, but at least offering some consensus to projections.

In total, PatternDNA got 63% of projections correct and performed well given the net Return across the 10 stocks was quite low. The worst performing stock finished down -3.1% while the best was up +3.8%. In the prior week, the worst performing stock lost -25.1% and the best performing stock finished up 15.2%!

The overall projection (from the 10 stocks) for 1-, 2- and 5-day Performance was a coin toss - so nothing to add in this respect.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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