IIC's Winners Watchlists

[IIC]

Resistance/Support:

resist. 2154
resist. 2094
resist. 2070
resist. 2055
resist. 2036
resist. 2012
resist. 1995
resist. 1981
supp 1963
supp 1928
supp 1887
supp 1872
supp 1842

[IIC]

Sorry for the late post...I went outta town on Friday and couldn't get the Inet connection to work at the hotel.

FRIDAY's MoMo:

LPSN
OMNI
VION
CRIO
AMED
DDIC
WRPC
TRMM
DTPI
HAUP
CLCT
STSI
INTV
JUPM
ISSI
NVTL
SUPG
BCSI
ASKJ
TASR

[IIC]

My current take on NAZ S/R:

Resistance

2154
2094
2070
2056
2036
2012
1983 STRONGEST

Support

1943
1925
1905
1887
1871 STRONGEST
1842

[IIC]

Nice finish on the NAZ today...I was surprised. No trades for me...I am not convinced that the correction is over yet. But it was good that we finished over 1983.

Here was today's MoMo:

MDRX COSI BBSI INTV DAIEY SILCF AMED SKIL WITS SUPG HOMS BFCF ANSR RSCR RMKR PCYC MSSN ONCY DATA SNTO HAUP TIWI TRMM GLBC NVEC KMRT RHAT MIDD GMAI ESMC ABAX TACT MAGS IDSA TASR AWIN

[Michaelk005]

I see ABEX was on your list.. nice to see, I've owned it many times..
You posted you dont think that the correction is over yet.. I think tomorow may be the last day of a medium sized gain for the DOW until it gives back a bit.. And as for metals.. Gold and Silver are going to be interesting to watch in the next few days.(hint)
What is MOMO short for?

[Michaelk005]

ABAX not ABEX

[billyjoe]

Michaelk005,
I thought MOMO was short for Monday Momentum, but apparently not since IIC in an earlier post mentions Friday MOMO, instead of FRIMO. Maybe it's "Momentum Movers". Whatever it is it's very interesting and well worth looking into further.
billyjoe

[IIC]

MoMo=Momentum in my book.

BTW: Here are my Resistance/Support #'s for tomorrow:

resist 2154
resist 2094
resist 2068
resist 2038
resist 2015
resist 1996...Strongest
supp 1969...Strongest
supp 1924
supp 1889
supp 1874
supp 1842

Some of the more traditionalists have commented that the numbers change w/o rhyme or reason...That is not true...Rather than simply looking at old highs/lows and other such things, I use a mathematical formula combing Fibs w/ MACD, Stochs, RSI, Congestion, Swings AND Highs/Lows to come up with these numbers.

[IIC]

Naz Tech Take...Doesn't look that bad:

http://makeashorterlink.com/?K376421E7

[IIC]

BOT WITS

[IIC]

NAZ, Hi RS, Closed Up on 1.5x + ADV

SSTI DWCH MAGS WITS KMRT GLBC VASC ASKJ CBTE BCSI ALDN TASR MSSN ALDA GMAI FMDAY LPSN MTIC EGHT DDIC MGLN CLWT TISA UFAB CNLG MTOH

Also, it is a good sign that we closed above the strongest resistance each of the last 2 days IMO. It was 1983 yesterday and 1996 today.

Here is the tech chart for the Naz:

http://stockcharts.com/def/servlet/SC.web?c=$COMPQ,uu[w,a]daclyimy[dc][pc20!c50!c200!f][vc50][iLl14!La12,26,9!Lh39,1!Lb14!Lc20!Lf][J801963,Y]&listNum=3

[IIC]

Resistance

2154
2094
2069
2038
2014

Support

1996 STRONG
1971 STRONG
1923
1887
1870 MEDIUM
1842

[carribean_mike]

IIC - buying any gold today. Should be a good day.

[IIC]

IIC - buying any gold today. Should be a good day.

I hadn't really planned on it but the one's I checked pre-mkt are up.

Watch for WITS to move up at the open.

Also watch MAGS TASR VASC FMDAY at the open

Current holdings: WITS AMED PGLAF

Naz Futs +3.00 right now

[IIC]

Morning Movers:

NVLS FAST NCEN GLBL