Friday, July 9, 2010

Stocks - update

Finally, the long-in-the-tooth SELL SIGNAL on X may be reversing:

X Daily Trend Model


The current SHORT was initiated on April 9, 2010 @ 62.62.  The model will reverse LONG today if X closes above 41.94, which appears likely.   That about a 33% gain in about three months.  

After six months of real time results, it does appear that the individual stocks trend longer and stronger then the indexes and ETF's.  Percentage returns don't care about the underlying source of the profits, its a dollars and cents analysis.


Google is showing a similar pattern:

GOOG Daily Trend Model

GS is still on it's April SHORT:

GS Daily Trend Model

AMZN Daily Trend Model