Tuesday, March 2, 2010

TGB & KMKCF - updates

Here is the write-up on TGB, bought a little over a year ago at about 1.00.  As you can see from the TGB Weekly Trend Model's chart, TGB  Weekly Trend went Short the last week in January at about 4.27


An added benefit of following the Weekly-only trend models is the higher likelihood of taxable gains being Long Term as opposed to Short Term.  In any case, a very nice trade.

We've owned KMKCF since this write-up last year.  Here is a current Weekly chart, suggesting that its Long trend is still in tact, but just barely.


A Weekly close below 1.82 will reverse the KMKCF  Weekly Model to Sell


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