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Greetings!
Two weeks ago I said in a newsletter that we were standing at the edge of a cliff that was rapidly crumbling. While I did not know the date at which this would become severe, all of our indicators said it was very close. Now investors are beginning to look reality in the face and they don't much like what they see.
With the earth shattering loss in Massachusetts we are looking at an administration that is floundering. The market does not do well when leadership is in disarray. While not everyone may agree with the direction the President is taking the country, almost everyone feels better if they see the President and his team following a clearly defined direction. We don't have that now. Nor can the President continue to blame former President Bush. At some point Mr. Obama must stand and define his goals and explain how he plans to get there. And he needs to do it on C-SPAN as he said when he was a candidate.
In the next few weeks, Mr. Obama must define and prioritize goals and make them his. Watching this develop may calm the market or, if direction is cloudy and not focused may send it into an accelerate spin from which it may take two or three years to recover.
The articles that follow are important because they reflect recent enhancements and additions to North of the Blue.
As you can see, we have a new web site at www.northoftheblue.com. Nice going to the folks who worked on it. Several of you have picked up on things that were left out and changes that were not made. We're catching up on those.
Changes are being made to Twitter and how we use it. They will make it more secure and give us a chance to send you more information in a timely fashion.
We have distinguished between the lists "DickPicks" and "NOTB-Buy-Watch. We think you will find this helpful.
Buys and Buy-Watch stocks. Yes, now is the time to do some serious buying. "The market is down" simply means that stocks in the various indexes are down. It does not mean that every one of the 8,000 plus stocks that are traded are down.
While we do not know what direction President Obama may select we do know this: Not every one of the 8,000 plus publicly traded stocks will go down every day from now to the end of the year. Some stocks will go up and some will oscillate. Life is just that simple. As long as this occurs and we have North of the Blue, we will make money. Easy to say and even easier to do.
So read on and here's to a wonderful and prosperous 20120.
Dick Brenneke
January 23, 2010
503-233-9452 or 503-926-7567
Portland, Oregon 97202
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| Newsletter Outline
... for Saturday January 23, 2010 |
(1) We have a new web site at North of the Blue. Click on www.northoftheblue.com to take a look. Check out the highlights in the notes below.
(2) The roles of Twitter and our Executive Weekly Newsletter. Twitter will never replace our weekly Executive Newsletters but it does have a significant role for North of the Blue. We spell out the key differences below.
(3) Our Executive Newsletter's stock information layout. The first stock section is "Changes", i.e. changes made in the last week; the second stock section is our "Buy-Watch" listing; third section is our "Current Portfolio"; the last is our "Cash in the Bank Portfolio".
(4) Security for our Tweets and for "My Account" Pages. It does not make sense to charge you, our subscriber, $59.95 a month and give the same information to those who read our Twitter account for free. We have found a solution. We spell it out below.
(5) Educational Meetings. Yes, they really are coming. Our new office is not finished as of this writing so we don't have a large enough conference room but that is changing and we hope to have a temporary conference room starting this week. Stay tuned.
(6) Changes. These are the Buys, Sells and Buy-Watch additions or deletions we have made since the last newsletter.
(7) Buy Watch List. These are the stocks that have made it to our radar screen. Attached to each stock is an explanation of what will cause us to "pull the trigger" and make a buy.
(8) Portfolio. These are the stocks we currently hold together with an explanation of what will cause us to sell the stock.
(9) Cash in the Bank Portfolio. Stocks that we have sold during 2010. "Cash in the Bank" derives from a remark my wife made many years ago. I was talking about a great profit we had in a particular stock. She asked where the profit was. I explained that the profit was in the stock itself and could be seen when the stock was sold. She patiently explained, again, that stock profits were real only when she could see them and put them into her bank account. Not a bad way to define winning stock market investing. The name stuck. |
New Web Site
.... January 23, 2010
Last week we brought up out new web site. Kudos to the folks who worked on it. As usual some items were omitted or misplaced. I believe that we have caught all of the issues but if we have not, please let us know, especially if it concerns a favorite item or article. Several of you have picked up such items and we're catching up on those. Please tell us what you think of it.
If you look carefully you'll see that the entire home page, the page you reach when you go to www.northoftheblue.com, is new.
If you click on the "My Account" button in the upper right hand corner of the home page you are taken to the "old" home page. In order to keep the same "look and feel" throughout the pages, I revised numerous pages that our web developers had overlooked. I wanted to preserve the content that had been on each page but to also keep the new "look and feel". I think that our developer got that just right. I think that their stylized "N" in the North of the Blue logo came out just right.
I am not an artist, but I do know what I like in the art world. I could never have come up with the designs you see. My focus is the content behind those designs. Many years ago an old friend and I used to argue the old saw about form following or not following function. He had just left Gerber Legendary Blades to set up his own company -- Al Mar Knives. Do any of you own one of his knives? They are collectors items.
I kept the stock price ribbon. I feel that this is important. I know that I camp on the page so that I can see where the market is going and what the trends are. In addition, it gives me a great picture of where bonds, oil and gold are going. This ribbon updates after each trade so it is as real as the last published activity for the items listed. You don't have to click on any "update" button since we continually scan market quote pages for information.
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Executive Newsletters and Twitter
... Analysis v Instant Update January 23, 2010
Several of you have asked whether we are going to abandon our Newsletters in favor of the rather brief Twitter notes. The answers is "NO".
Twitter provides us with a means to get position changes to our users quickly and in a brief fashion. Many of you do not want detailed reasoning behind our buy and sell decisions. This for two reasons: you trust us to do the best analysis possible and therefore give you the best possible decision or you already know the answer and are just looking for confirmation.
Therefore, our Executive Newsletter gives you a "Week in Review" while our Tweets give you an instant snapshot.
The Newsletter will continue to provide you with information on when to buy and when to sell and explain why we made the choices we did. Please see past newsletters and the notes below. The reasoning behind our decisions can be found in the "Changes" section.
In summary: Expect to see Twitter notes as we see stocks reach Buy and Sell points. Explanations for these decisions will always be in these Executive Newsletters. Remember, though, that we publish the Newsletters only once per week. This does not satisfy someone who is trying to make the lowest possible buy and the highest possible sell. These folks are just not willing to wait from one to six days to hear what we are doing. With Twitter they don't have to. They get the information the same day we develop it.
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Security
... for Tweets and for the "My Account" Section
Several of you have raised some very valid questions around security issues, especially as they affect Twitter.
We have found that Twitter accounts can be restricted so that only our subscribers have access to them.
On Wednesday, January 27, at exactly 3:00 PM Pacific Time we will convert our Twitter account to a private account. When you attempt to read a message on our Twitter account you will be told that you must be "approved" before you can do this. At the time you request access to our Twitter account I receive a message asking if it is okay for you to access the account. I reply "Yes" and from that point on you are an approved user of our Twitter account. You will not have to register again.
Having studied Twitter I see that many nationally recognized companies use Twitter for purposes like ours, i.e. informal and rapid communication. If done correctly, Twitter can serve as an alternative mail system and allow you to respond to the sender of a Tweet and carry on an extended correspondence. Jet Blue and Dell are two of the larger companies who have found that Twitter works for them.
For now I am just trying to secure our information so that those who pay $59.95 or are on a two week free trial receive what they pay for. I am equally serious to see that those who are paying nothing receive nothing.
Drop me a line if you have any questions.
By the way, the reason I selected 3:00 PM Pacific Time on Wednesday January 27 is that by then the markets are closed and we have the remainder of the day to bring up the Twitter account in the manner I describe. Should this not be possible, we will go back to things as they are now and pick another time to secure Twitter.
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Education
... in person
We expect to begin our education programs the week of January 24th. Unfortunately, our new office does not have a conference room yet. So, we are looking for a centrally located building where we can rent a conference room until ours is done. I really do not want to wait any longer than is necessary to get these under way.
Many of you have asked to be notified whenever we hold these meetings. For the time being I hope to conduct them myself and hold them every other week.
We encourage you to bring not only a member of your immediate family but to bring a friend or friends. In fact, in the future we will be charging $25.00 for each meeting unless you bring a friend or friends. If you bring someone along with you, family, friend or other, there will be NO CHARGE.
Here are the ground rules. Meetings will be from 7:00 PM to 8:00 PM. They will be held every other week. They are moderately structured so that everyone benefits from them. We will send a notice to our subscribers giving you the date, time, location and topics to be covered. The meeting will NOT be a hard sell affair. North of the Blue sells itself. I don't need to get pushy. Moreover, I am not a pushy type. I love my work and as anyone who has spoken to me will tell you, I will talk about it at the drop of a hat.
The meeting format will be simple: I, or another member of our staff, will talk for about 20 minutes. Then we will open the floor for questions for 40 minutes. Sixty minutes after we start our meeting the lights go off and we all head for home. Our staff will moderate and will try to keep the discussion on a plane where all can benefit from it. I'm not particularly interested in trying to psychoanalyze why your brother or nephew recommended a specific stock. I am interested in discussing why a stock does or does not meet our tests.
For the first few meetings we will focus on the use of three basic rules:
- Our basic North of the Blue Rule.
- Our North of the Blue Rule with Early Sell. This involves no additional risk but provides a means to retain more of the profit a stock earns while still above the Blue Moving Average.
- Our North of the Blue Rule with Early Buy and Early Sell. This involves significant additional risk on the buy side but no additional risk on the sell side.
- Our Power "W" Rule -- the clearly defined "w" found in the Stochastic/Power Panels.
As time goes by we will delve into more sophisticated analytical possibilities. In addition we expect to add GoToMeeting dot Com so that members can attend from their homes. No timetable for this just yet but I'll keep you posted.
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North of the Blue Stock Charts
... simple, unique and driving gains out of this world
January 23, 2010
Here is a summary of a North of the Blue Chart. All use the same basic structure. Please click on "Chart Image" below to see a comprehensive explanation of North of the Blue Stock Charts.
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North of the Blue Buy/Sell Rules
... Building Block Strategy
North of the Blue is not built on magic dust, mirrors or slight of hand. It is built on one simple rule that allows an investor to control his or her own destiny. It is based on investments in solid stocks and analysis using our easy to understand charts and rules. Our algorithms and insights make North of the Blue a unique approach to making money in the stock market. |
| North of the Blue does not depend on bells, whistles, arrows all over the chart and rulers that you put over a graph. Instead it builds on a single, very simple rule, to generate unbelievable profits. "Unbelievable" that is until you put the money into your bank account.
Here are our basic rules. We suggest that you clip these and keep them by your computer until they become second nature.
North of the Blue Basic Rule (NOTB BASIC RULE): A stock should be bought when its price is increasing up through our Blue Moving Average (BMA) and sold when its price is declining through our BMA.
But using the BASIC RULE leaves a considerable amount of money on the table. We do not capture this money because we wait for the sell half of the BASIC RULE to complete.
In order to recoup more of the gain without adding any risk we modify our BASIC RULE by adding to it our EARLY SELL RULE. The Early Sell Rule states that a stock should be sold when its High Price Strength and Upward Price Strength drop below 85%. We usually incorporate this as a confirming or auxiliary rule. Here's the complete rule:
North of the Blue Basic Rule with Early Sell: A stock should be bought when its price is increasing up through our Blue Moving Average (BMA) and sold (a) when its price is declining through our BMA OR (b) when its High Price Strength and Upward Price Strength drop below 85% on our green stochastic panel, whichever comes first.
In order to capture price gains before the stock price reaches the North of the Blue Moving Average we introduce a final modification of our BASIC RULE. The rule now provides more accurate (and more risky) early buying as well as early selling. Here's the complete rule:
North of the Blue Basic Rule with Early Buy and Early Sell: A stock should be bought (a) when its price is increasing up through our Blue Moving Average (BMA) OR (b) when its High Price Strength and Upward Price Strength join or nearly join and leave a severely oversold Red Zone, turn sharply up and climb through 50% and it should be sold when its High Price Strength and Upward Price Strength drop below 85%.
Another rule is based solely on the behavior of our Upward Price and High Price Strength for any given stock. This rule, called our STOCHASTIC "W" or POWER "W". It is a stand alone rule that does not depend on our Basic Rule. Here it is:
Stochastic "W" or Power "W": A stock can be safely bought when its Upward Price Strength and High Price Strength join and form a clearly identified "W" under our 15% Stochastic or Price Strength Line. The stock can be bought before the last part of the "W" climbs over 15%. To maximize profit the stock should be bought before the upward Price Strength line reaches 50%.
There is one more stand alone rule that does not depend upon our Basic Rule. As you might expect when programmers and other technocrats get together to codify their rules for technical stock analysis, at least one rule will be based on how computers are used or programmed. Don't be disappointed because we left this until last. The rule is our MACHINE TRADING RULE. Here is the rule in a nutshell.
MACHINE TRADING RULE: A stock may be safely bought when it passes through one of our green, horizontal lines going up (Resistance Lines) OR when it rebounds up from one of these lines (Support Lines). The Machine Trading name comes from the points at which institutional investors have their computers set to buy and sell. If you look at how prices behave around these points you will see that these are the points that major market drivers come into play. More on this in a later newsletter.
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Changes
... buys, sells and moves to Buy-Watch since our earlier Executive Newsletter.
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Change List January 23, 2010
*BMA = Blue Moving Average
| Buy - Watch Stock |
Date Entered |
Pull the
Trigger |
| PL - Protective Life Corp |
Buy: 1/22/10 at $17.92 |
Late buy after stock price crossed our BMA. We may have to sell this quickly because High Price Strength and Upward Price Strength lines are falling toward 85%. Set stops very close. (Basic Rule buy.) |
| EDZ - Emerging Markets Bear 3X Shares FD |
Buy: 1/22 at $5.37 |
Basic Rule with Early Buy as stock pulls out of Stochastic Red Zone and rockets upward to 50% |
| SHY - iShares TR Lehman 1 - 3 Year Treasury Bonds |
Buy: 1/22/10 at $83.52 |
Basic Rule with Early Buy. Stock moved rapidly out of Stochastic Red Zone then jumped very quickly past 50%. Not surprising since bonds are a traditional hedge in troubled times such as we have now. Here you get the equity gain as well as the interest (Note: interest is paid if you hold the bond for at least one quarter.) |
| TLT - iShares TR Lehman 20+ Year Treasury Bonds |
Buy: 1/22/10 at $91.86 |
Basic Rule with Early Buy. Stock moved rapidly out of Stochastic Red Zone then jumped very quickly tot 50%. Not surprising since bonds are a traditional hedge in troubled times such as we have now. Here you get the equity gain as well as the interest But watch to see if Strength lines continue to climb. (Note: interest is paid if you hold the bond for at least one quarter.) |
| IEF - iShares TR; Lehman 7 - 10 year Treasury Bonds |
Buy: 1/22/10 at $90.46 |
Basic Rule with Early Buy. Stock moved rapidly out of Stochastic Red Zone then jumped very quickly tot 50%. Not surprising since bonds are a traditional hedge in troubled times such as we have now. Here you get the equity gain as well as the interest But watch to see if Strength lines continue to climb. Upward Price Strength is lagging. (Note: interest is paid if you hold the bond for at least one quarter.) |
| BIDU - Baidu Ads |
This was on our buy list for 1/22/10. When we went to buy we saw that it no longer met our criteria so we elected not to buy at this time. |
Trend line went flat; High and Upward Price fell below 85%; stock went below the Blue Moving Average (BMA). (Basic Rule with Early Sell.) |
| VIP OPEN JT STK Co Vimpel Communications |
Buy: 1/4/10 at $18.86; sell 1/12/10 at $20.25; gain 7.37% |
Trend line went flat; High and Upward Price fell below 85%; stock went below the Blue Moving Average (BMA). (Basic Rule with Early Sell.) |
| LL Lumber Liquidators Holdings |
Buy: 1/6/10 at $26.11; .sell 1/12 at $27.90; gain 6.86%; 1 week |
Price fell below BMA; High and Upward Price Strength fell below 85%; time to sell. (Basic Rule) |
| CISG -Cinnsure Ads |
Buy: 1/6/10 at $19.99; sell 1/12 at $18.60;loss 6.95%; 1 week. |
Price fell below BMA; High Price and Upward Price fell below 85%. Sell. (Basic Rule.) |
| ATPG - ATP Oil & Gas CP |
Buy 12/17/09; at $18.00; sell 1/12/10 at $18.50; gain 2.78%; 3 weeks. |
Bought when crossed BMA going up; sold when price fell below BMA, High Price and upward Price fell below 85%. (Basic Rule with Early Sell.) |
| HAL - Halliburton |
Buy 12/31/09; at $30.31; sell 1/12/10 at $33.22; gain 9.60%; 12 days. |
Bought when crossed BMA going up; sold when High Price and upward Price fell below 85%. (Basic Rule with Early Sell) |
| OXY - Occidental Petroleum |
Buy 12/17/09; at $80.50; sell 1/12/10 at $82.00; gain 1.86%; 3 weeks. |
Bought when crossed BMA going up; sold when price fell below BMA. (Basic Rule.) |
| APA - Apache |
Buy 12/17/09; at $99.70; sell 1/12/10 at $106.00; gain 6.32%; 3 weeks |
Bought when crossed BMA going up; sold when High Price and Upward Price began to roll over and buying volume turned to above average selling volume. (Basic Rule with Early Sell.) |
| BRY - Berry Petroleum |
Buy 12/18/09; at $29.55; sell 1/12/10 at $28.50; loss 3.55% |
Bought when crossed BMA going up; sold when price fell below BMA, unfortunately, BMA did not climb. Should have watched closer. |
| EEE - Evergreen Energy Inc. |
Buy 12/18/09; at $0.33; sell 1/12/10 at $0.54; gain 63.63% |
Bought when High Price and Upward Price Strength left the red oversold Stochastic Red Zone going up. sold when Upward Price and High Price fell below 85%. (Basic Rule with Early Buy and Early Sell.) |
| KWK - Quicksilver Resources |
Buy 12/17/09; at $14.62; sell 1/12/10 at $15.44; gain 5.60% |
Bought when crossed BMA going up; sold when Upward Price and High Price fell below 85%. (Basic Rule with Early Sell.) |
| OIS -Oil STS International |
Buy 12/18/09; at $38.00; sell 1/12/10 at $41.62; gain 9.53% |
Bought when crossed BMA going up; sold when price fell below BMA, sold when Upward Price and High Price Strength fell below 85%. |
| IYT - iShares Dow Jones Transportation |
Buy 11/5/09; at $66.68; sell 1/12/10 at $76.25; gain 14.35%. |
Bought when High Price and Upward Price Strength left Stochastic Red Zone and crossed 50% line going up. Soled when High Price and Upward Price Strength fell below 85%. (Basic Rule with Early Buy and Early Sell.) |
| JCG - J Crew Group Inc. |
Removed from Buy Watch list because stock was not meeting our buy criteria. |
Dropped from Buy Watch list. | |
Buy-Watch List January 23, 2010
| Buy - Watch Stock |
Date Entered |
Pull the
Trigger |
| ABX - Barrick Gold |
BW: 1/23/10 |
Watch for rebound off of Support Level. |
| GG - Goldcorp Inc New |
BW: 1/23/10 |
Watch for rebound of off Support Level. |
| GLD - SPDR Gold Trust |
1/23/10 |
This has a long way to go but is worth watching. |
| GOLD- Rangold Resources Ltd. |
1/23/10 |
One of the better gold stocks and needs to be watched. |
| VPRT- VistaPrint NV Ord The Netherlands |
1/23/10 |
Watch for rebound off of the Resistance Level. |
| APOL- Apollo Group Inc. CL A |
1/23/10 |
Price touched the BMA. Good rebound. Watch to see if the Upward Price Strength and High Price Strength both point up in the next day or so. |
| NEU- Newmarket Corp. |
1/23/10 |
If price rebounds off BMA and High Price and Upward Price Strength turn up this is a buy. |
Also check "DickPicks" in your "DicksPicks"List in our program. |
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| Current Portfolio Holdings
January 23, 2010 |
| Stock |
Dates Bought/Sold |
Reason(s) for Action Taken |
| PL- Protective Life Corp. |
Buy 1/22/10 at $17.99. Current $75.49. Up 44.59%. |
Followed Basic Rule. |
| EDZ - Emerging Markets Bear 3X Shares FD |
Buy: 1/22 at $5.37 |
Basic Rule with Early Buy as stock pulls out of Stochastic Red Zone and rockets upward to 50% |
| SHY - iShares TR Lehman 1 - 3 Year Treasury Bonds |
Buy: 1/22/10 at $83.52 |
Basic Rule with Early Buy. Stock moved rapidly out of Stochastic Red Zone then jumped very quickly past 50%. Not surprising since bonds are a traditional hedge in troubled times such as we have now. Here you get the equity gain as well as the interest (Note: interest is paid if you hold the bond for at least one quarter.) |
| TLT - iShares TR Lehman 20+ Year Treasury Bonds |
Buy: 1/22/10 at $91.86 |
Basic Rule with Early Buy. Stock moved rapidly out of Stochastic Red Zone then jumped very quickly tot 50%. Not surprising since bonds are a traditional hedge in troubled times such as we have now. Here you get the equity gain as well as the interest But watch to see if Strength lines continue to climb. (Note: interest is paid if you hold the bond for at least one quarter.) |
| IEF - iShares TR; Lehman 7 - 10 year Treasury Bonds |
Buy: 1/22/10 at $90.46 |
Basic Rule with Early Buy. Stock moved rapidly out of Stochastic Red Zone then jumped very quickly tot 50%. Not surprising since bonds are a traditional hedge in troubled times such as we have now. Here you get the equity gain as well as the interest But watch to see if Strength lines continue to climb. Upward Price Strength is lagging. (Note: interest is paid if you hold the bond for at least one quarter.) |
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Gains & Losses: Current Cash in the Bank Portfolio
... Where the real profit is
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Since 1/4/10
North of the Blue's Average Gain: plus 9.03%
Dow Jones down -3.8%
S&P down -3.6%
NASDQ down - 4.5%.
2 losses and 11 gains for North of the Blue
Cash in the Bank "Portfolio"
January 23, 2010
| VIP OPEN JT STK Co Vimpel Communications |
Buy: 1/4/10 at $18.86; sell 1/12/10 at $20.25; gain 7.37% |
Trend line went flat; High and Upward Price fell below 85%; stock went below the Blue Moving Average (BMA). (Basic Rule with Early Sell.) |
| LL Lumber Liquidators Holdings |
Buy: 1/6/10 at $26.11; .sell 1/12 at $27.90; gain 6.86%; 1 week |
Price fell below BMA; High and Upward Price Strength fell below 85%; time to sell. (Basic Rule) |
| CISG -Cinnsure Ads |
Buy: 1/6/10 at $19.99; sell 1/12 at $18.60;loss 6.95%; 1 week. |
Price fell below BMA; High Price and Upward Price fell below 85%. Sell. (Basic Rule.) |
| ATPG - ATP Oil & Gas CP |
Buy 12/17/09; at $18.00; sell 1/12/10 at $18.50; gain 2.78%; 3 weeks. |
Bought when crossed BMA going up; sold when price fell below BMA, High Price and upward Price fell below 85%. (Basic Rule with Early Sell.) |
| HAL - Halliburton |
Buy 12/31/09; at $30.31; sell 1/12/10 at $33.22; gain 9.60%; 12 days. |
Bought when crossed BMA going up; sold when High Price and upward Price fell below 85%. (Basic Rule with Early Sell) |
| OXY - Occidental Petroleum |
Buy 12/17/09; at $80.50; sell 1/12/10 at $82.00; gain 1.86%; 3 weeks. |
Bought when crossed BMA going up; sold when price fell below BMA. (Basic Rule.) |
| APA - Apache |
Buy 12/17/09; at $99.70; sell 1/12/10 at $106.00; gain 6.32%; 3 weeks |
Bought when crossed BMA going up; sold when High Price and Upward Price began to roll over and buying volume turned to above average selling volume. (Basic Rule with Early Sell.) |
| BRY - Berry Petroleum |
Buy 12/18/09; at $29.55; sell 1/12/10 at $28.50; loss 3.55% |
Bought when crossed BMA going up; sold when price fell below BMA, unfortunately, BMA did not climb. Should have watched closer. |
| EEE - Evergreen Energy Inc. |
Buy 12/18/09; at $0.33; sell 1/12/10 at $0.54; gain 63.63% |
Bought when High Price and Upward Price Strength left the red oversold Stochastic Red Zone going up. sold when Upward Price and High Price fell below 85%. (Basic Rule with Early Buy and Early Sell.) |
| KWK - Quicksilver Resources |
Buy 12/17/09; at $14.62; sell 1/12/10 at $15.44; gain 5.60% |
Bought when crossed BMA going up; sold when Upward Price and High Price fell below 85%. (Basic Rule with Early Sell.) |
| OIS -Oil STS International |
Buy 12/18/09; at $38.00; sell 1/12/10 at $41.62; gain 9.53% |
Bought when crossed BMA going up; sold when price fell below BMA, sold when Upward Price and High Price Strength fell below 85%. |
| IYT - iShares Dow Jones Transportation |
Buy 11/5/09; at $66.68; sell 1/12/10 at $76.25; gain 14.35%. |
Bought when High Price and Upward Price Strength left Stochastic Red Zone and crossed 50% line going up. Soled when High Price and Upward Price Strength fell below 85%. (Basic Rule with Early Buy and Early Sell.) | | |
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Sincerely,
Richard Brenneke
North of the Blue Stock Analysis System |
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| Read why then use your North of the Blue tools to check out our Buy-Watch list.
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| Featured Articles |
| Look at our Buy-Watch selections then follow them into our Current Portflio and our Cash in the Bank "Portfolio". The thinking behind our selections is in our Education section at our web site. | |
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