IIC's Winners Watchlists

[IIC]

Just a few minor changes...For those that see me on the Chats, you know I was obviously wrong on calling 1990 the day's bottom early on...After I went to work I got defensive...Bot WTR...Can't get more defensive than that...I couldn't find an "Air" Sector/Group...LOL...But I am still a mildly optimistic since Support held...even on the Q's

S/R for Thursday

Nasdaq

Resistance

2184
2163
2128
2107
2090
2066
2049-Medium
2030-Weak
2015-Strong

Support

1966-1974
1920
1903

QQQQ

Resistance

40.50
40.05
39.50
39.20
38.75
38.10-Medium
37.75
37.35
37.05-Medium
36.65-Strong

Support

36.05
35.45-35.50
35.20

[IIC]

Ever notice that when the market s*cks...Gambling stocks seem to do well???

[IIC]

Tax Time

If you need to extend...Here is the form:

http://www.irs.gov/pub/irs-pdf/f4868.pdf

[IIC]

[IIC]

Doug, FYI, MTXX is (as of now) heading for 12 on huge volume.

(edit) didn't quite get there, but tried hard today.

I watched it for a bit...but my Main watchlist changes every day.

[IIC]

A bit light on the MoMo today.

Today's MoMo:

BPT USG ALDA GRA CRXL SHOE WGAT CVO GGR MAHI

BPT
USG
ALDA
GRA
CRXL
SHOE
WGAT
CVO
GGR
MAHI

[IIC]

S/R for Friday

Nasdaq

Resistance

2184
2163
2128
2107
2090
2066
2055-Medium
2028-Medium
2019-Strong
2009
1999
1974

Support

1936-Very Weak
1920
1898-1903

QQQQ

Resistance

40.50
40.05
39.50
39.20
38.75
38.10-Medium
37.75
37.35
36.95-Medium
36.50-Medium
36.10

Support

35.45-35.50
35.20

[IIC]

Yesterday I bot/sld LAVA, SGP...scratched on both. Lost .25sh AAPL(thought it would close strong) and heldover ABRX. Still holding CNTY from last Thurs.


Upgrades: EP LNC DNA MXT ATHR SBUX PETD PII AXL GM HXM UGP IBA

Positive Guidance A/H

Kirby to Beat Estimates
Thursday, April 14, 2005 4:58:45 PM ET
View: Complete Article | Historical Guidance

--------------------------------------------------------------------------------
Kirby Corporation (KEX) said it now expects first quarter earnings to exceed $0.50 per share. The company's previous guidance was earnings of $0.42 to $0.48 per share and the current consensus earnings estimate is $0.44 per share for the quarter ending March 31, 2005.


TALX Ups Guidance
Thursday, April 14, 2005 4:44:28 PM ET
View: Complete Article | Historical Guidance

--------------------------------------------------------------------------------
TALX (TALX) said it now expects fourth quarter earnings of $0.30 to $0.31 per share on revenue of $44.5 million to $45.5 million. The company's previous guidance was earnings of $0.23 to $0.25 per share on revenue of $41.5 million to $45.5 million and the current consensus earnings estimate is $0.24 per share on revenue of $42.9 million for the quarter ending March 31, 2005.


John H. Harland Raises Expectations
Thursday, April 14, 2005 4:40:09 PM ET
View: Complete Article | Historical Guidance

--------------------------------------------------------------------------------
John H. Harland (JH) said it expects first quarter earnings of $0.59 to $0.62 per share and 2005 earnings of $2.46 to $2.51 per share. The company's previous guidance was earnings of $0.50 to $0.55 per share for the quarter and $2.38 to $2.43 per share for the year. The current consensus earnings estimate is $0.54 per share for the quarter ending March 31, 2005 and is $2.42 per share for the year ending December 31, 2005.

[IIC]

Today's MoMo:

TALX CITP TKTX BRN CWCO HWK ANX MAIN

TALX
CITP
TKTX
BRN
CWCO
HWK
ANX
MAIN

[B.J]

Today's MoMo:

TALX CITP TKTX BRN CWCO HWK ANX MAIN

TALX
CITP
TKTX
BRN
CWCO
HWK
ANX
MAIN

That list is seriously shrinking. I wonder how short it would get before it becomes contrarian?

[IIC]

That list is seriously shrinking. I wonder how short it would get before it becomes contrarian?

Yeah...I'm wondering too. I've been running this daily scan for well over a year. So far, the past 2 days have been the shortest in memory. However, sometime last summer I changed the parameters a little bit. Here are little charts on the MoMos:
http://stockcharts.com/candleglance/?TALx,CITP,TKTX,BRN,CWCO,HWK,ANX,MAIN|C|J[$SPX]7

BTW: there are lower levels of support...I just didn't post them because I didn't think we would go this low...next level under 1899 would be 1867-1877 according to my scan.

[B.J]

BTW: there are lower levels of support...I just didn't post them because I didn't think we would go this low...next level under 1899 would be 1867-1877 according to my scan.

Thanks for that Doug. That would be another 30-40 pts downside. Is the support pretty strong there?

[IIC]

Thanks for that Doug. That would be another 30-40 pts downside. Is the support pretty strong there?

Not particularly

[IIC]

I had a losing week in my short term account...but it wasn't too damaging. I am trading on the premise that no matter what the market is doing...there is always something moving. Have not had the opportunity to try this out on such bad days until this past week. But it has proved true overall for the past few months at least on my end. The reason I switched to this is because the market was so Blah...I got tired of waiting for market direction.

Yesterday, there were only 4 IBD groups up out of 197. 3 were Medical groups and the other one was Water Utilities. For the week...the following DJ Indices were all up:

DJ US Pharmaceuticals Index 3.26%
DJ US Pharmaceuticals & Biotechnolo... 3.17%
DJ US Biotechnology Index 2.86%
DJ US Aerospace & Defense Index 2.44%
DJ US Water Index 2.18%
DJ US Health Care Index 1.18%
DJ US Medical Supplies Index 0.87%
DJ US Soft Drinks Index 0.71%

Here is a little tidbit that may be just another indicator that people are throwing in the towel:

At my site, the "average daily unique" visitors increased 5% in February vs prior month. In March it was +18%. In April it stands at -28%. Also, the "page views" for last weekend's report is the lowest since I started on October 9th. In fact it is 19% lower than the previous week low which was January 30th. There will end up being some more views but not that many. Just thought that was interesting...IIC

[RL]

Doug this Is great Info can you give us this every week? That Is the one thing I miss the most about IBD.