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May 2009

MYRG

Picked this one up from my weekly scan of the IBD-100.  Stock has composite rating of 92 making in the top 90% percentile in terms of earnings and
Last Updated: Sunday, May 31, 2009 9:22 AM

Positons review

AIG - Stock is above rising 50-day PMA, but below 200 day declining PMA.  No news this week.C - Similar situation as AIG in terms of of the technicals. Recent resistance is at $4.5 and the stock seems
Last Updated: Sunday, May 31, 2009 8:34 AM

Weekly Update - 5/29/2009

Overall 33% stocks and 67% cash and equivalents.  Stocks position up 10% this week due to new long entries.  Mister Market continued to push to the upside this week and I had no choice but to follow t
Last Updated: Sunday, May 31, 2009 7:06 AM

Positions Review

AIG - Sitting right at the lower range band, almost unchanged from last Friday.  Forming the right side of a Head and Shoulders bottom. C - New FDIC special fees, new stock offerings, no shortage of h
Last Updated: Monday, May 25, 2009 8:26 AM

Weekly Update - 5/22/2009

Overall 23% stocks and 77% cash and equivalents.  Stocks position up 4% this week due to new entries in MYGN and TNA.    The market started out strong on Monday and looked like the recent strength wou
Last Updated: Saturday, May 23, 2009 7:24 AM

Positions Review

AIG - Cooling off after some recent strength.  Daily bands go negative at 1.55.  I'm long 2000 shares and will consider selling calls on half if we can make our way back around the $2 area.  No real n
Last Updated: Sunday, May 17, 2009 5:54 PM

Anybody notice gas prices going up?

Take a look at a 12-month price chart of Gasoline versus Crude Oil courtesy of gasbuddy.com:Crude bottomed out at $32 back in late December and is now up almost 75% from the bottom now at $56 a barrel
Last Updated: Sunday, May 17, 2009 5:54 PM

Weekly Update - 5/16/2009

Overall 81% cash and equivalents, 19% stocks.  Mr Market took a break from its recent run and started to resume some more normal behavior.  We had 4 down days this week and one up day, and the one up
Last Updated: Sunday, May 17, 2009 11:11 AM

Positions Review

YUM - Retail is the #1 sector in Investors Business Daily this week and YUM has a 96 composite rating.  That mean's overall, its in the 96th percentile among all stocks in the list.  Plus, you can't b
Last Updated: Sunday, May 10, 2009 6:27 AM

Weekly Update - 5/8/2009

Overall 80% cash and equivalents, 20% stocks.  Stocks position up 3% this week due to new entries in the financials.  The market powered decisively higher this week and went positive for the year leav
Last Updated: Saturday, May 09, 2009 8:55 AM

Positions Review

YUM - Last week's run-up took us up to the $35 level where resistance was found.  The CEO David Novak excercised a bunch of options and sold a large number of shares in the low $34 range.   That aisde
Last Updated: Sunday, May 03, 2009 9:22 PM

Weekly Update - 5/1/2009

Overall 83% cash and equivalents, 17% stocks.  Mr market continued to power higher, mostly without me on board.  This has been a frustrating to those of us who have kept high levels of cash.  I didn't
Last Updated: Sunday, May 03, 2009 8:19 AM