IIC's Winners Watchlists

[IIC]

Interesting how when, in early May, the oscillator first said “oversold,” the NASDAQ went on to lose another 11%. Then in late August the oscillator said “overbought,” and the index has gained 5% so far since then. It's also interesting to me that the point at which it was “oversold” is actually above the “overbought” point about 3½ months later.

Rob...You are using a short term A/D to compare to an intermediate term market. It would be better if you used a 30 day graph for that(below).

Also, as the line heads down thru oversold it is still Bearish. What you want to see is the trend reversing up on the A/D line to a point you are comfortable with before you consider it Bullish.

On this chart a short term trader may have become bullish on June 1st as the line came up thru the red line and again the last week of July or the beginning of August. What you are looking for is a trend reversal.

Liken it to RSI...Many feel as it goes thru 70 it is Bullish even though it is in Overbought territory...They become bearish when the line finally heads below 70. On the other hand, there are those that are bullish as the line comes up from oversold which some say the reversal happens when the line goes up thru 30.

At the moment the 12 A/D is bearish as it heads down...But this is very short term.

Here is the Intermediate A/D graph:

[IIC]

MoMo: UAHC BITS SA VGZ LFC MDTH IHS INTT AETH

[IIC]

TOP STORIES
MAN AG TIPS SWEETER OFFER TO SCANIA

German truck maker MAN plans to make a 'more attractive' offer to shareholders of Swedish rival Scania after its $12 billion bid was rejected this week by the company and its two controlling shareholders, says MAN's chief executive. MAN CEO Hakan Samuelsson tells a group of money managers in London the company is working on putting together better terms for Scania's two biggest shareholders - Volkswagen and Investor AB.
CABLEVISION GAVE OPTIONS TO DEAD OFFICIAL

Probe finds that Cablevision awarded options to vice chairman Marc Lustgarten after his 1999 death, but backdated them to make it look like the grant was awarded when he was alive. Shares slip 1%.
BUSH STRIKES A DEAL ON TERROR DETAINEES

Ending weeks of division, the White House and Senate Republicans agreed on a framework for legislation defining the tribunal structure and rules of evidence for trying enemy combatants in the war on terror.
BOSTON SCI DROPS ON LOWER 3Q OUTLOOK

Medical-device maker's shares slide 11% after release of disappointing preliminary 3Q net sales and earning figures linked to underperforming cardiac rhythm management and drug-coated stents divisions.
NIKE PROFIT SLIPS 13%, REVENUE RISES

Nike 1Q profit falls to $377.2 million, or $1.47 a share, beating expectations by 6c. Excluding stock-option expenses, profit down 3%. Revenue rises 8.6% to $4.19 billion, also ahead of market expectations. Shares rise 4%.
EUROPEAN STOCKS TRADE LOWER

European stock markets fall after data raises concerns about growth in the American economy. Companies with heavy exposure to the U.S. growth cycle, such as software maker SAP and chip firm Infineon Technologies, take a beating.
HASBRO RECALLS TOOL BENCH AFTER DEATHS

Toymaker's Playskool unit recalls about 255,000 Team Talkin' Tool Bench toys, age-graded 3 years and up, following the deaths of two younger children who suffocated when the nail head became forcefully lodged in their throats.
BORGWARNER TO CUT 850 EMPLOYEES

Auto parts supplier announces it is cutting 13% of its North American employees, and lowers financial outlook for 2006 to $3.95-$4.10 a share from previous estimate of $4.35-$4.60. Shares fall 4%.
APOTEX MOTION TO STAY, PLAVIX INJUNCTION DENIED

Drug developers Sanofi-Aventis and Bristol-Myers Squibb say a federal court denied competitor Apotex's motion to stay an Aug. 31 injunction ordering it to halt sales of a generic version of blood thinner Plavix.
PALM 1Q NET SLIPS ON OPTIONS, COMPETITION

Treo smart phone maker's 1Q net falls to $16.5 million, or 16c per share, as it accounts for stock option expenses and grapples with slow sales growth amid tougher competition. Revenue rises 4% to $355.8 million. Shares up 2%.
VIACOM'S MTV TO BUY HARMONIX

MTV Networks division agrees to acquire music-oriented video game developer for $175 million. Deal includes provisions for Harmonix shareholders to be eligible for incremental earn-out payments through 2008.
US, CHINA AGREE ON ECONOMIC PRINCIPLES BUT NOT TIMING

U.S. Treasury Secretary Henry Paulson says that the U.S. and China are largely in agreement over the steps China needs to take to reform its economy, but aren't unified over the timing. 'Their enthusiasm was very encouraging,' Paulson says, but declines to go into specifics.
TRIBUNE OPENS DOOR TO POSSIBLE SALE

Board opens the door to sale or management buyout after voting to set up a special committee of independent directors to explore alternatives for 'creating additional value for shareholders.' Splitting Tribune in two will also be considered. Shares up 3%.
FORBES LIST IS NOW BILLIONAIRES ONLY

For the first time, Forbes' list of 400 richest people in U.S. consists only of people worth $1 billion or more. Casino magnate Sheldon Adelson jumps to No. 3, finishing behind Nos. 1 and 2: Bill Gates and Warren Buffett.
NYSE, EURONEXT TO HAVE SEPARATE UNITS FOR REGULATION

NYSE and Euronext will create separate U.S. and European entities to ensure that regulators on two continents will retain their independence if the two stock exchange operators complete their merger.
GM TALKS SPUTTER WITH RENAULT AND NISSAN SO FAR

After two months of exploratory talks, General Motors, Renault and Nissan Motor are making little progress toward a grand alliance, according to people familiar with the matter. GM shares fall 2%.
HALLIBURTON BOOSTS STOCK BUYBACKS BY $2B

Halliburton says it increased its stock repurchase program by $2 billion. Under the previous $1 billion program, launched in February, the Houston oil services company has repurchased 29.5 million shares for $983 million.
SHELL CHINA BUYS 75% OF LUBRICANT COMPANY TONGYI

Royal Dutch Shell says it has bought a majority stake in Chinese lubricant brand Tongyi as it capitalizes on robust growth in local demand. Deal means Shell will be country's third-largest lubricant producer with a combined 9.5% share of the market.
MERCK TO APPEAL VIOXX JUDGMENT

More than a year after losing the first trial over withdrawn painkiller Vioxx, drug maker is appealing the $253.4 million awarded by Texas jury to widow of alleged victim. About 16,000 lawsuits over drug have sprung up across the country.


ANALYSIS
Amaranth Raises Regulation Question
The spectacular $6 billion collapse of hedge fund's natural gas trading portfolio has once again raised the issue of whether the U.S. should increase regulation of over-the-counter markets.

[Rob]

What you are looking for is a trend reversal.

I understand exactly what you are saying, and I agree with it. I guess my underlying implication was that this is the reason I think MACD indicators are more useful.

[IIC]

I understand exactly what you are saying, and I agree with it. I guess my underlying implication was that this is the reason I think MACD indicators are more useful.

Actually, I don't think using one indicator is all that great...Have to use a combination of the indicators you prefer and look for some sort of confirmation IMO...Doug

[IIC]

Throwing in the towel on my short termers ( Now watch the market reverse...lol )...made some on BWNG but lost on CHINA VCP PSPT...I will not rush to try to get it all back though...Figure to get it back by the end of next week.

Gotta hit the road in a bit and will miss the rest of the market day...Doug(IIC)

[IIC]

YOU CAN VIEW ALL THE CHARTS OF THE IIC 100 AT Stockcharts.com's "PUBLIC CHART LISTS" Simply click the link below:

IIC 100 at Stockcharts.com

You may also see a daily analysis of some of the IIC 100 pix as well as other lists at:

Parabolic Stock Picks

Here is a new blog covering the IIC 100:

IIC Portfolio

AND...Mr. Breakout has a SPECIAL FREE OFFER for RealTime Streaming Index charts...Visit MrBreakout.com

THANKS, DOUG(IIC)

IIC 100 for 9/25/06/06

SWHC STEC CHDX GMTC AKAM ICE BGC HANS TWGP CHINA ECHO FMCN NTRI SMSI CLB ICLR STKL ICON ICTG ININ NUHC OMCL EME QLTY PRFT SAIA WTHN PRXL MTW ACLI TIE TSCM GRB KNOT GOL GLG BRKR RBN SLW RKT SBL IFSIA LIFC FORM CTSH WFR PNFP FNSR TTEC ARTG ABB IFOX MICC RTEC LFB OPNT BIDU TBBK USHS AMX ZOLL CWTR NCS ACGY SLP CLHB BOT OXPS HPOL VSEA BRLI MEK PWR SHLD PSYS GIL CROX OMX NIHD CELG TTI AIR OPEN HRZ ATHR ZUMZ IHG TRID ILSE CWLZ DTPI DOCC IO EGN VPRT COHR SCSS CME UCO PSEM

If you would like the IIC 100 is a vertical format or comma separated you can convert it here: http://www.ttrader.com/stockchat/replace_symbols.php

[billyjoe]

Doug,
You don't seem like a chart guy , but seriously do you look at the chart closely before buying an IIC 100 selection ?

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

[IIC]

Doug,
You don't seem like a chart guy , but seriously do you look at the chart closely before buying an IIC 100 selection ?

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

Yes...........

[IIC]

I understand exactly what you are saying, and I agree with it. I guess my underlying implication was that this is the reason I think MACD indicators are more useful.

Rob...I like to use MACD too...that's why I include it on my Little Charts for the MoMo lists etc.

Speaking of MACD...A few times I posted MACD Crossovers BEFORE they Crossover...Doesn't mean the stocks are any good just by itself...But I was just going back cleaning out some old lists back from 5-7 months ago and it showed that the majority of those I listed are up pretty good.

One thing I like to use is the default MACD along with 2 shorter term MACD's...Look at HWCC...looks interesting here:

[IIC]

Friday's MoMo:

TRT, CTDC, UAHC, BITS, PCCC, XNR, MDV, IEDU, PCLN, TWTC, LFC, IHS, HRSH, MXICY, STRS, IIG, INPH, ILC

Little Charts:

http://trimurl.com/76V

TRT
CTDC
UAHC
BITS
PCCC
XNR
MDV
IEDU
PCLN
TWTC
LFC
IHS
HRSH
MXICY
STRS
IIG
INPH
ILC

[IIC]

Dave...I saw on another thread that you follow RevShark...LOL...Isn't he Cramer's buddy???

Here's a clip from a post I made at another forum...Actually though...Rev and Scott are not that bad...They are just late to the party...But who in their right mind would pay $500 or more a month for stuff they could get for free???

Am I supposed to listen to a guy who doesn't know how to spell "INTERNET"???...Mr. B

Nice to see somebody listens to me...Finally corrected...IIC

[IIC]

Well, that missing week ending Sept. 1st is still missing...But w/o that one week the YTD results in IIC 100 Top 10 vs. IBD 100 Top 10 is:

IIC 100 +14.16%

IBD 100 -7.99%

[IIC]

IIC's Killer Watch Lists:

From the IIC 100:

BGC # 7
DTPI #91
FMCN # 12
ICON # 18
SMSI # 14
STEC # 2
KNOT # 34

From Ski (although he has a couple above too):

KLIC

Others:

IHS
IMA
GCOM
SPAR
HWCC
BITS
IEDU
PCCC

Little Charts On All Of Them:

http://trimurl.com/771

I am also watching some recent IPO's for possible quickie trades...Best, Doug(IIC)

[IIC]

Peter "Against the Gods" Bernstein has delivered the most choice quote so far on the Amaranth hedge fund meltdown:

"What happened to that hedge fund shows that when you're really right, you always overstay the position and that's when you get murdered. It's better not to be right so much.''

BTW...who ended up with that $6 Billion anyway???...IIC