Hot Pick Of The Day

[New-born baby]

Hiya Newborn.

I think it's market correction time right here while Dow is under 11840.

What are your thoughts?

Spike,
So sorry I was slow to respond. Had an emergency at church . . . .
Market correction? Yeah, I think this thing is overbought. And I am going to be looking at DXD for a Dow play.

Dow was moving up on GM. And frankly, GM is weak. Jim Cramer aside, GM is still not out of the woods by any real measurement.

Hey, Vector is the best. It's bearish, isn't it?

[AaronR]

You have until Oct. 25 to clock a nickel dividend on UVIH.OB

[New-born baby]

NB, looking at a few BIO stocks for a DT/Swing!!

Runner,
How did your swing go? Very well I hope

[New-born baby]

You have until Oct. 25 to clock a nickel dividend on UVIH.OB

I am going to take a look at this one right now.
Here's the chart forecast: cup with handle breakout looking for $1.20 more or so. Very, very nice chart. And you say its got a nickel coming? Hmmm. Very nice!

[AaronR]

New-Born... check out the fundamentals... they are insane... The company's downside risk is a FL hurricane which is looking remote for this year.

Cramer just recommended INFY. I like PSPT. Scum biz but great stock.

[Runner]

I ran a RSI sort on sub groups showing the biggest increase in RSI over last 2 weeks. Here is how the top 20 ranked. Numbers to right on chart show percent increase over period..



The following are the weakest

[Runner]

Most of the groups in the top chart have not been your high flyer's and or participated in the rally very much... I do think new leadership may emerge and so buying into your high flyer's now is not wise IMO. I will be watching some of these for possible buying opportunities.

[AaronR]

New-born: One more thing and I'll get off this horse. If you do end up picking up some UVIH.OB, you'll want to keep up on the hurricane watch for the next 10 days. Right now, the forecast is that environmental conditions are not conducive for the formation of a tropical storm and the meteoroligists at U of Colorado have predicted no more hurricanes for the year. Check out weather.com.

I'll be looking to see if they issue another dividend for the upcoming quarter or announce a regular quarterly dividend. $0.20 annual dividend on a $2.50 stock, diminished competition, tremendous revenue and earnings growth and the end of the hurricane season could send this stock much much higher by January.

[AaronR]

A low pressure system is developing in the Atlantic with shear winds that deter hurricane formation and check this out:
FORECAST OF ATLANTIC HURRICANE ACTIVITY FOR OCTOBER-NOVEMBER 2006 AND SEASONAL UPDATE THROUGH SEPTEMBER





We have experienced average hurricane activity through September. August was inactive, but September had above-average activity. We expect October to have below-average activity largely due to developing El Niño conditions in the central and eastern Pacific. November activity in El Niño years is very rare.



(as of 3 October 2006)







By Philip J. Klotzbach[1] and William M. Gray[2]



with special assistance from William Thorson[3]







This forecast as well as past forecasts and verifications are available via the World Wide Web at http://hurricane.atmos.colostate.edu/Forecasts

[New-born baby]

Most of the groups in the top chart have not been your high flyer's and or participated in the rally very much... I do think new leadership may emerge and so buying into your high flyer's now is not wise IMO. I will be watching some of these for possible buying opportunities.

Love those scans, Runner Please post any setups you identify.

[New-born baby]

New-born: One more thing and I'll get off this horse. If you do end up picking up some UVIH.OB, you'll want to keep up on the hurricane watch for the next 10 days. Right now, the forecast is that environmental conditions are not conducive for the formation of a tropical storm and the meteoroligists at U of Colorado have predicted no more hurricanes for the year. Check out weather.com.

I'll be looking to see if they issue another dividend for the upcoming quarter or announce a regular quarterly dividend. $0.20 annual dividend on a $2.50 stock, diminished competition, tremendous revenue and earnings growth and the end of the hurricane season could send this stock much much higher by January.

You don't have to dismount for my sake. I like the head's up. What other possibilities are you considering? If you care to share, post them here and we'll look them over.

[New-born baby]

New-Born... check out the fundamentals... they are insane... The company's downside risk is a FL hurricane which is looking remote for this year.

Cramer just recommended INFY. I like PSPT. Scum biz but great stock.

.

Aaron:
I will post charts on these tonight. Thanks!

[Gwhiz]

New Born,
wonder if you could post a chart on HIFN?
Thanks.

[spikefader]

Hey, Vector is the best. It's bearish, isn't it?

Thanks for the props, Newborn. I dunno about the best, but it's an edge anyway.

It was bearish this past week ...... but just turned bullish as of close yesterday. Which is fine by me I'll ride the gravy train for as far as it's gonna go.

Here are the daily Vector signals for the last 6 months, showing a probability rate of 62.5%. 20/20 hindsight shows where one should be holding from for the long-term swing trade....the Vector signal after the fuzzy C.



I'm actually looking for the boxing glove on that pink 'c'. I caught the perfect swing long entry on Friday August 11th (lime colored circle below), but closed it prematurely...Doh! It's been worth over 800 points so far....and will probably grow much more in coming months.....was a perfect swing trade entry that one!



Anyway, thus is life! I'm a bull for Monday. Good luck!

[ninner]

Rsti

hey NB what are your feelings on RSTI..another one to hit my radar...im busy with IAAC and QSII at the moment but u have to keep the watch lists updated and i believe this one is for that.

cheers