Picks, no pans.

[lemonjello]

A few picks-

PBT - Down on news that Conoco Phillips is dumping a load of shares. Huge volume day - stopped on an uptrend line. Yields almost 10%.

Also see bouncing of higher lows - SJT, APA, APC, EGN, SGP, XTO, COP, SPN, SII, OXY, CAM, SRE.

Mosly oil related.

VPHM pulling off the bottom.

Comments yay or nay?

[New-born baby]

A few picks-

PBT - Down on news that Conoco Phillips is dumping a load of shares. Huge volume day - stopped on an uptrend line. Yields almost 10%.

Also see bouncing of higher lows - SJT, APA, APC, EGN, SGP, XTO, COP, SPN, SII, OXY, CAM, SRE.

Mosly oil related.

VPHM pulling off the bottom.

Comments yay or nay?

Look at this chart and see what I think is happening:

http://www.stocktiming.com/Friday-DailyMarketUpdate.htm

[lemonjello]

I don't know if I agree with that guy. I posted some interesting comments in the skullduggery thread.

Look at this chart and see what I think is happening:
http://www.stocktiming.com/Friday-DailyMarketUpdate.htm

[billyjoe]

lemon,
I've been tracking XTO all year and with all the power of energy stocks, it's only up 2.33% YTD so my take is that it's a flawed stock compared to peers.
----------billyjoe

[lemonjello]

Good point. I might add an intermediate term momentum factor to the screen. For now I was just looking at swing trades and thought it was interesting when all those oil stocks showed up.

XTO it does have a pretty good looking weekly chart back to 04 and it broke out then fell back to what looks like a support area on the daily. Also, most of the oil stocks I found are focused on US property which could be an indication that people are buying 'safe' oil at this point. On the neg. side some insiders have been exercising options and selling.

There are better chart people here than me which is why I posted them, but it looks like most of the list would be good for a buy with a close stop below the uptrend and XTO in particular has gone up on stronger volume and fallen back on lower volume for the last two months.

lemon,
I've been tracking XTO all year and with all the power of energy stocks, it's only up 2.33% YTD so my take is that it's a flawed stock compared to peers.
----------billyjoe

[lemonjello]

Big Tech

A few tech stocks that are propping up the NAZ are CSCO and HPQ which look like they could be ready to go after a small retrace. You can't argue with earnings and they are very international, having exposure to areas that could stay strong as the US corp spending slows. Fund managers that want tech exposure will want to be in these stocks.

[lemonjello]

Ok. What's left after adjustment -

AEP, NBL, SII

Good point. I might add an intermediate term momentum factor to the screen. For now I was just looking at swing trades and thought it was interesting when all those oil stocks showed up.

XTO it does have a pretty good looking weekly chart back to 04 and it broke out then fell back to what looks like a support area on the daily. Also, most of the oil stocks I found are focused on US property which could be an indication that people are buying 'safe' oil at this point. On the neg. side some insiders have been exercising options and selling.

There are better chart people here than me which is why I posted them, but it looks like most of the list would be good for a buy with a close stop below the uptrend and XTO in particular has gone up on stronger volume and fallen back on lower volume for the last two months.

[lemonjello]

Maybe one pan

From a similar swing scan for shorts -

FDC

Comments?

[skiracer]

Here's three long candidates. I own HTGC and am looking closely at TFSM and LIOX.

[lemonjello]

When did you buy HTGC? Looks like it's headed back down for now.

Others look good if they can breakout.

Here's three long candidates. I own HTGC and am looking closely at TFSM and LIOX.

[skiracer]

When did you buy HTGC? Looks like it's headed back down for now.

Others look good if they can breakout.

I bought it last Friday near the close. Actually I liked HTGC the best of the three and thought it was ready for a move up from here.

[lemonjello]

going the right direction

AEP, NBL, SII[/QUOTE]

% gain/loss from open

AEP .22
NBL .18
SII .24

short
FDC -1.87
------------
PBT was up 3.5%. GLD gapped up, could be a buy above 64.5.