Cup w/ Handles

[IIC]

Don't think I abandoned this CwH thing...But it is a MoMo thing and there has not been much MoMo lately...I only made 2 trades last week and none this week...Patience is the key here...We'll take it when we can get it and stay on the sidelines when times are rough.

[IIC]

Our Cups w/ Handles are updated at http://Sharptraders.com

I also added some new links on the USEFUL LINKS page including a .pdf link that explains how the Federal Reserve Bank works....I thought it might be appropriate due to all the stuff the Fed has been doing the past 10 days...Please check them out.

On another note, I will be on vacation from Friday 8/24/07 through Saturday 9/1/07.

Vacation Schedule:

8/24 thru 9/1: No updates on Cups w/ Handles, Today's Momo, IIC 100 New Highs and IIC 100 Scans.

However, the IIC 100 for the week of 8/27/07 will be updated at Stockcharts on Saturday 8/25 or Sunday 8/26.

9/2 thru Labor Day 9/3 I will catch up on everything.

Thanks, Doug(IIC)

[IIC]

ONXX looks good in the handle...f/p is 34.75

[IIC]

ASEI leading this week's CwH list...BCSI leading the POI list

[Rob]

Teva

I was just looking at a chart of TEVA, and it looks like a loonnngg cup 'n' handle formation starting in Dec. 2005.



TEVA's been putting up some really nice revenue numbers and currently has a 5-star rating at S&P. 17.6 P/E vs. ind. avg. of 34.5.

[IIC]

Good eye Rob...Doug

[IIC]

As I mentioned...I'm going on vacation tomorrow...Be back by Labor Day...Unless my wife pushes me overboard off the balcony

Free subscribers got an email this evening on what I'd watch...Although none were SCREAMING "BUY ME"


Best To All...Doug(IIC)

[skiracer]

As I mentioned...I'm going on vacation tomorrow...Be back by Labor Day...Unless my wife pushes me overboard off the balcony

Free subscribers got an email this evening on what I'd watch...Although none were SCREAMING "BUY ME"


Best To All...Doug(IIC)

have a nice vacation doug.

[IIC]

have a nice vacation doug.

Thanks



.

[IIC]

FYI...This week's CwH and PoI (Patterns of Interest) lists are updated at http://SharpTraders.com




.

[IIC]

Sndk

[billyjoe]

Doug,
This may be stretching a bit, but check out the chart for VSNT back to 2004.......beautiful, and their earnings are excellerating too.

-----------billyjoe

[IIC]

Doug,
This may be stretching a bit, but check out the chart for VSNT back to 2004.......beautiful, and their earnings are excellerating too.

-----------billyjoe

Good eye Billy...Here is a 4 year weekly chart of VSNT...it is also visible on a daily chart:





Also...Here is one I found yesterday...although it wouldn't qualify if not for the huge intraday swing on the left side cup high:

[njdevil]

Mr

Thanks IIC, made 19 %
NJDEVIL

[IIC]

Thanks IIC, made 19 %
NJDEVIL

Glad to hear it...I originally sent out the chart in my email update in June and bot the next morning on a blind market order because I had to leave before the market opened...it gapped and I got it at 30.84.

I sold 1/2 at 32.38 and still have the other 1/2...Been a fairly wild ride though.