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Blaine Tarr
10-03-2013,
April 17, 2012 - Citigroup (C)

Blaine Tarr
10-03-2013,
Random Thoughts

It's a little ugly out there. The Quack sold off fairly hard out of a "micro" First Thrust. The S&P remains set up as the same pattern. And, the Rusty remains set up as a Bowtie down.

Again, I hope these patterns don't work this time. As I've been preaching, a few big up days would fix this.

Even though the recent market action scores as a bummer, now's not the time to make any big picture predictions and bet the farm (which for me, would be a literal thing).

So, what do we do? For now, the plan remains the same with the addition of #4:

1)Honor your stops on existing positions just in case this turns into something bigger.

2)Be selective on new positions. Trade the best and leave the rest.

3)Wait for entries on new positions. Again, as I preach, this can often keep you out of new trouble.

4)Start thinking about firing off a short or two but keep #2 and #3 in mind.

Again, don't make any big picture decisions. If the market begins to roll over, there should be plenty of time to get short. There's no need to be a hero. Yeah, fire off one or two if the opportunity presents itself but don't dump your longs and become a Ursidae Shortalotagus.

Futures are firm pre-market.

Click here to watch today's Market in a Minute.

Best of luck with your trading today!

Blaine Tarr
10-03-2013,
Barchart.com's Chart of the Day - Essex Property Trust (ESS) for Apr 17, 2012

The "Chart of the Day" is Essex Property Trust (ESS), which showed up on Monday's Barchart "All-Time High" list. Essex on Monday rallied to a new all-time high of $154.62 and closed up 1.92%. TrendSpotter has been Long since March 13 at $148.74. In recent news on the stock, Essex on Feb 23 raised its quarterly dividend by 5.8% to $1.10. Stifel Nicolaus on March 14 downgraded Essex to Hold from Buy based on valuation. Essex Property Trust, with a market cap of $5 billion, is a real estate investment trust specializing in multifamily residential and retail properties.

Blaine Tarr
10-03-2013,
Holy banked some coin on COIN today. Textbook play. I'm doing a video re-cap for members which will be posted a little later tonight. Great one to learn from. Here's what I'm watching for Tuesday:

ADY AFTC ALTI BCLE CCGY COIN CYBI EGT EVDR GMXR HAUP IBIO ICPA LEE LIVE LUXR NGHT OPWV PSDV RHCO RSRS SEFE SMSI SNAX SNPK SQNM SWSH TTEG USAT VRNG ZAAP ZOOM

Blaine Tarr
10-03-2013,
LNG just got approval for there NG plant from government only one in the country has went up over 10% in the week + almost 2% in aftermarket
bought for a cool 15$!

Blaine Tarr
10-03-2013,
After spending years developing automated intraday trading strategies for the futures markets, I have switched gears to focusing on swing trading with a 5-20 day holding period. Although my strategies on intraday markets are profitable, commissions and slippage eat up too much of the profits. By switching to swing trading, I am able to produce better risk adjusted returns.

I still utilize most of the techniques I developed for day trading. For example, instead of filtering stocks based on unproven filters or based on my gut, my software automatically scores all 500 S&P stocks based on hundreds of patterns it has identified as containing a statistical edge.

This scoring produces several stocks daily, which I then further analyze to determine which I will buy the following day. I just recently switched to this trading style, but I am recording all my picks and analysis on my personal blog. http://www.mystockanalysis.com

I will start posting daily updates here as well. These updates will have the stocks I am looking to buy, as well as updates on my overall progress. I invite you to ask questions or make suggestions.

Blaine Tarr
10-03-2013,
Great Seminar to start the week off tonight. I'll post the chat log to the members only forum section soon. Here's what I'm watching for Monday:

ALXA CAGR CATA CNIT COIN COYN DRWN ENTB GBHL GTIM HPGS NVIV PLPE QTMM RHCO SATC SHMX SNAX

KGJI COGO FONR LPH JOEZ SNSS FFEX PSDV QPSA VRML AMRS

Blaine Tarr
10-03-2013,
This thread is for discussing long term highest probability investments using options only.

Blaine Tarr
10-03-2013,
This thread is for discussion of IPOs.

Blaine Tarr
10-03-2013,
http://antichartjunk.com/2012/04/16/week-16/


Buy or Sell: Sell

Long into Week 16: ISRG (short term into Tuesday ER)

Add to watchlist as initial or secondary buys, but do not buy until market shows buy signals:

BIDU ? 142.59 to 149.72

FUL ? 31.72 to 33.31

MELI ? 103.08 to 108.23

SAVE ? 20.76 to 21.80

TDG ? 118.31 to 124.23

TNGO ? 20 to 21

TRIP ? 35.02 to 36.77

VMW ? 111.53 to 117.11 (note 5 year chart)

UA ? 99.20 to 104.16

Add to watchlist as secondary buys only, but do not buy until market shows buy signals:

AAPL ? bounce from 50-day

ALXN ? bounce from 50-day

BWLD ? bounce from 50-day

CF ? bounce from 50-day

CLR ? bounce from 50-day

GNC ? 33.80

HLF ? bounce from 50-day

KORS ? bounce from 50-day

LULU ? bounce from 50-day

MELI ? bounce from 50-day

QCOR ? bounce from 50-day

RAX ? bounce from 50-day

SWI ? bounce from 50-day

VFC ? 150.1

VRX ? 55.69

And dozens of other quality stocks at their 50-day moving average (or 10-week moving average), but remember now is a risky time to be buying

?Chartjunk refers to all visual elements in charts and graphs that are not necessary to comprehend the information represented on the graph, or that distract the viewer from this information.?- as defined by Wikipedia and Edward R. Tufte

Antichartjunk
http://antichartjunk.com

Blaine Tarr
10-03-2013,
I've bought some STJ recently and just wanted to bring it to your attention. Might want to get a Value Line report and look into it.

Blaine Tarr
10-03-2013,
Barchart.com's Chart of the Day - Liquidity Services (LQDT) for Apr 16, 2012

The "Chart of the Day" is Liquidity Services (LQDT), which showed up on Friday's Barchart "All-Time High" list. Liquidity Services on Friday posted a new all-time high of $51.91 and closed up 1.52%. TrendSpotter just turned long again on April 5 at $49.36 after taking a profit on a 2-month trade during February and March. Liquidity Services was last featured by "Chart of the Day" on the close of Sep 28, 2011 when the stock was at $34.85. In recent news on the stock, Stifel Nicolaus on April 10 reiterated its Buy rating and raised its target to $59 from $47. Oppenheimber on April 9 reiterated its Outperform rating and raised its target to $57 from $43. Liquidity Services, with a market cap of $1.5 billion, is a leading online auction marketplace for wholesale, surplus and salvage assets.

Blaine Tarr
10-03-2013,
April 16, 2012 - Cummins (CMI)

Blaine Tarr
10-03-2013,
Random Thoughts

Lately, I've been saying that a few big up days would make all the difference in the world. Unfortunately, the converse is true when the market is at an inflection point.

Friday certainly scores as a bummer. It has the Ps & Quack setting up as "micro" First Thrusts. It also has the Rusty set up as a Bowtie down.

I hope these patterns don't work this time.

It's not end of the world. It is important that the indices follow through to the upside soon to negate the above.

So, what do we do? The plan still remains the same with the exception that #2 is even more important during times like these.

For now, the plan remains the same:

1) Honor your stops on existing positions just in case this turns into something bigger.

2) Be selective on new positions. Trade the best and leave the rest.

3) Wait for entries on new positions. Again, as I preach, this can often keep you out of new trouble.

One more thing, don't make any big picture decisions. If the market begins to roll over, there should be plenty of time to get short.

There's no need to be a hero.

Futures are firm pre-market.

Click here to watch today's Market in a Minute.

Best of luck with your trading today!

Dave
__________

Blaine Tarr
10-03-2013,
"How to Boost Your Returns With ONE Secret ETF Strategy"

Free Webinar Recorded on Tuesday, December 3rd at 8:00 PM EST (New York Time)

In this free online class John Carter will share with you:

A Powerful Simple Strategy for Trading Options on ETFs
The SAFE Levels to Take Risk
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Which ETFs You Have to Avoid Like the Plague
And much more...

Blaine Tarr
10-03-2013,
There are 9 reasons why you SHOULD trade options on ETFs...and they're in this video...

9 Reasons to trade Options on ETFs

You'll learn from John Carter...

Why ETFs are his BEST Instrument for Options Trading
How he wires 34k from his Trading, to his Personal Account
Why ETF Options are untouchable by Market Makers
And a LOT more...

Blaine Tarr
10-03-2013,
Proof that 'account size doesn't matter' is often very hard to find. People say it doesn't matter...but can't prove it.

This video PROVES it

Legendary trader John Carter had a pretty good day recently... where he recorded live his 223k trading day! This was recorded in his REAL money accounts...

97k on Apple
93k on Google
104k on Priceline

AND YOU CAN WATCH IT HERE

John will show you exactly how he traded the above trades, what he did right, what he did wrong, and what YOU can do to trade like this. And he points out what a 'small account' really is and how the overall goal is to have an income source by growing it to big account!

Blaine Tarr
10-03-2013,
Just Released: 50 top movers in 2013

MarketClub.com has been in the business of trend following for decades, and they are happy to announce that you can take a look at Today's Top 50 Trending Stocks now...for free! This dynamic report is a list of market movers that can make a difference in your portfolio for 2013.

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Blaine Tarr
10-03-2013,
See how your picks stack up against other posters - join our weekly stock picking contest. Your win will be registered under your username and everyone will know about your stock picking talents.

Blaine Tarr
10-03-2013,
"Buy in April, Sell in May" isn't effective so far this year, stocks continued to stay under water, where the S&P500 is returning -2.63% since April started. On the other hand, the bond buyers are enjoying a cheerful time with the weak economic releases recently, the Treasury yields curve fell sharply where the 2yr and the 10yr went down 14bps and 37bps respectively. Aside from the technical, first quarter corporate earnings are reporting strong numbers as Alcoa, Google, JP Morgan and Wells Fargo were all outpacing analysts' estimates on both EPS and revenues; stocks price reactions were mainly positive, which should be a good sign for stock going forward. Investors will continue to focus on more companies' earning announces, also retail sales and the leading indicators are also important on the economic front.

Technical Highlights:
? Stocks remained its downtrend; Positive corporate earnings surprise may help the market to end this short-term correction.
? Market suffered from short-term bear cycle as both the S&P500 and the NYSE Composite turned below their 50day moving average; Internal showed sign of market bottom as the percentage of stocks above 50day moving average are turning to its extreme.
? RSMC continued to rally along with market correction, however the extreme have not appear yet to signal the change in trend.
? Financials led market selloff as the market neutral group (energy and materials) made its biggest daily return this Thursday.
? Bonds are now back to the bullish trend as rates are now trading below their 50day moving average across the entire yields curve.

Blaine Tarr
10-03-2013,
Anyone invested in companies making RFID or the associated tracking software?

Blaine Tarr
10-03-2013,
The dollar printed its daily cycle low on Tuesday of last week.
The dollar peaked on Thursday, which was day 2.

Blaine Tarr
10-03-2013,
FormFactor, Inc. (NASDAQ:FORM) - Over the last 52 weeks the stock has ranged from a low of $4.68 to a high of $11.05. FORM stock has been showing support around $5.16 and resistance in the $5.50 range. Technicals have turned bullish signaling sideways to higher prices possible in the near term. Chart is showing a Bullish MACD divergence. Positive divergence occurs when MACD advances upwards at a time when the price is still in a down trend. MACD forms a sequence of higher lows ( each low higher than the previous day or period ). The daily RSI remains above the 50 level and the MFI is moving up strongly, showing the increasing of money inflow. This could explode on any positive news due to the high short interest compared to float and the solid cash. It is a ludicrously cheap name currently trading at 1x cash flow amazingly undervalued by today's standards. They have now a market cap of under $262 Million with 296 Milion in cash and no debt. I know the market sometimes is bad but this is ridiculous. FORM is a low volume small cap that may be poised to move higher.

More breakout alerts for Tuesday : Stocks To Watch Next Week

Blaine Tarr
10-03-2013,
Television's Jon Erlichman reports on Facebook Inc.'s expansion plans in China.

RENN is one of the candidates Facebook Said to Seek Partner to Enter China

Technical view : The stock has been forming a large pennant pattern on the daily chart over the last few weeks, popped on good volume and retreated on lower volume. It looks like it may be starting to gain some momentum again and should make a move soon. The Pennant is a continuation pattern, that is marked by a small consolidation before resumption of the previous trend. In addition, the MACD Fast Line is about to cross up through the Slow Line,

Blaine Tarr
10-03-2013,
I've been following Tyler Durden for a while now. He is certainly the straw that stirs the drink lately.


For the uninitiated HFT or High Frequency Trading now RULES all major equity markets. Estimates are 70% of all volume is HFT. For that matter, the exchanges are effectively held hostage by these firms. This I am confident in my belief. Trading curbs - gone, Uptick - gone. There can be no doubt the HFT contingent made these changes a reality.

What is HFT? There are several strategies - many legit. In fact, all are technically legit. But the one strategy garnering the most press, and most outrage are flash orders.

Flash orders are small orders that "ping" the market continuously. They have a life span of milliseconds and are not placed to buy or sell stock. Flash orders have one aim. To determine order flow. Its not unlike Jesse Livermore's strategy of tossing out a couple market orders to discern how the market takes them. However, these orders are rarely filled. On high liquid stocks....they are constant. They last literally milliseconds before they are cancelled. These algorithm's sole design is to find out what you want to buy, the price, and buy it before you because they have the competitive advantage of robust servers that are located within the exchange and sell it to you a tick or two higher. For this, the exchanges pay them a rebate for "providing liquidity". They get paid up to 1/3 of a penny by exchanges. So, on a $20 stock. By buying and selling at $20 - they make 2/3 of 1 cent. Doesn't sound like much. Well, as I said, these orders are constant on high volume liquid stocks. And when you add that to the tick or two profit they make on a trade......It can quickly add up.

My basic beef with this is 1) These firms pay the exchanges to place their servers at the physical exchange to reduce milliseconds in order placement and cancellation. 2) The rebate. These two advantages are not offered to retail traders. 3) The exchanges are so unbelievably desperate to compete that they have become hostage to what amounts to 2% of all market participants at the expense of the remaining 98%.

With everything that I think I know, I don't like firms being paid by the exchange to trade. I think it goes against the central tenant of an free and open exchange. Using the available technology to one up your competitors, of which, we all are, is what capitalism is all about. You could become a broker dealer, gain access, and place your servers at the exchange if you had the physical and intellectual capital to do so. So, in that regard, I don't think I have a problem with the strategy. There are hundreds of such firms competing against each other for your order and to game each other. But, I may be mistaken on this, specialists or market makers were never paid by the exchanges. I can conceive an argument that the rebate lowers the margin for the HFT traders and can therefore offer narrower spreads, thus, in theory, reduce transaction costs for the public. However, I don't think that is what is happening in practice.

Blaine Tarr
10-03-2013,
Barchart.com's Chart of the Day - Salesforce.com (CRM) for Apr 13, 2012

The "Chart of the Day" is Salesforce.com (CRM), which showed up on the Barchart "All-Time High" list. Salesforce.com posted a new all-time high of 161.69 and rallied 2%. TrendSpotter has been Long since Jan 20 at $114.19. In recent news on the stock, MKM Partners on April 10 initiated coverage on Salesforces.com with a Buy and a target of $85. Canaccord on March 28 reiterated its Buy rating on Salesforce.com and raised its target to $180 from $170. Salesforce.com, with a market cap of $21 billion, provides a suite of on-demand customer relationship management (CRM) software applications that allow customers to manage and share all of their sales, support, marketing and partner information on-demand.

Blaine Tarr
10-03-2013,
Random Thoughts

From today's Kirk Report:

"Obsess before you enter a trade, not afterwards." - Dave Landry Thanks for the shout out Charles! Charles can be reached at www.kirkreport.com

We saw nice follow through on Thursday. The rally was broad based. Many sectors came back nicely.

More follow through will be key. If the market goes on to make new highs then trend will obviously remain intact. Anything less and we might have to pull in our horns a bit. So, what do we do? I don't think anything has changed just yet:

For now, the plan remains the same:

1) Honor your stops on existing positions just in case this turns into something bigger.

2) Be selective on new positions. Trade the best and leave the rest.

3) Wait for entries on new positions. Again, as I preach, this can often keep you out of new trouble.

Futures are weak pre-market but coming off of their worst levels.

Click here to watch today's Market in a Minute.

Best of luck with your trading today!

Dave
__________

Blaine Tarr
10-03-2013,
Both the daily and week chart is approaching support, worth watching if the support holds at this level.

Blaine Tarr
10-03-2013,
It's been an absolutely crazy week. Sub-Penny doubles left and right, bounce plays that get 20-50%, low floaters running dollars (FREE, SGOC etc). Members if your not making money, please email me, PM me, call me, anything. You should be making money in this crazy market. So many great calls in chat this week all around. Looking forward to closing out the week strong on Friday the 13th!

AAV ADMP ADXS ANW AWSR BBX BRD CBK CCCL CEDC CNGL COIN DNN DRYS FFN FREE GSIT JOEZ KUTV LLNW MAGS MDRM MIPS MWWC NWY PLPE RDDY RSRS SGOC SMSI TBOW TEAR UCHC WG XIN XPL ZOOM

COIN - Debt sellers are about done, could bring in buyers. Think back to ATRN, that is what happened there, not saying COIN goes to .30, just saying the major selling is over, and could see upward movement. Former Nasdaq just like ATRN, all the pieces align. As I said in chat, it will be in play a few days, and a few of us have already flipped the crap out of it for beer money.

JOEZ - Earnings beat afterhours today. Should gap up, then let it setup into something before deciding which way to play. But it will most likely have the volume I like to see tomorrow based on today's news.

TEAR - Nice looking daily chart, trying to break range.

WG - Bottom chart and can move, watch the 4.00 spot in the morning.

RSRS - Just one of those new charts I like to watch. Check the SEC filings on it. Reverse Merger in the works with convertible's out the gate. Meaning promo may be in the works. Decent volume already, but not buying it just yet.

-------------------------------------------------------------------

New Members, Please, Pleaseeeee... check out the past seminars and chart videos. You have to learn how to trade these things before throwing money around, or it can bite you in the ass. Also alert your trades as you make them so I can help you the best I can. Keep in mind when something is on watch its just to watch. Its not a buy yet, its not a sell yet. We let them setup in the patterns or washouts I have discussed in seminars/videos. (If you need me to do a video to sum up a specific stock covered in chat on any given day, just ask me after hours, and I'll do my best to get one made) Be patient to find the good entries and you will see more wins. Just because you have money in your account doesn't mean you have to use it! That always seems to be the biggest rookie mistake. Rushing into a trade simply to be in the trade, when in reality they need to ask themselves, why buy here? We play when the odds are in our favor, don't buy random. When in doubt ask, or don't play, just sit back and learn. There is no foul in watching to learn. Its a lot better than losing a large chunk of money. If you learn it, profits will come.......

Blaine Tarr
10-03-2013,
CDE has a bullish technical stock analysis today.
CDE is trading in the range of $21.19 - $29.20 in the past 30 days.
Commodity Channel Index (CCI) is bullish for CDE.
CDE formed a Bullish Bollinger Band Crossover (Lower) signal.
CDE formed a bullish Price & Exponential Moving Average Crossover signal.
CDE formed a bullish Price & Simple Moving Average Crossover signal.
Average volume increase over 5% for CDE.

Blaine Tarr
10-03-2013,
I am looking for others to share memberships to IBD Leaderboard, Marketsmith, and possibly a couple of other services. If interested, please email me at tomcarroll99@gmail.com.

Blaine Tarr
10-03-2013,
Random Thoughts

The market stabilized and bounced on Wednesday. I'm not complaining but I would have preferred a weak open to flush out the remaining nervous longs and suck in a few more eager shorts. This could have help pave the way to new highs. Oh well, like Mick said, you can't always get what you want. I guess an up day after a slide is better than a poke in the eye.

Overall the market and most sectors remain in uptrends. However, as mentioned yesterday, the sector action has deteriorated a bit. I'm going to flesh all this out later today in the chart show. I have good one on tap if I say so myself.

For now, the plan remains the same:

1) Honor your stops on existing positions just in case this turns into something bigger.

2) Wait for entries on new positions. Again, as I preach, this can often keep you out of new trouble.

Of course, you also want to be very selective on new potential positions. Bring you picks to the show today and I'll pick them apart--giving you either a "you can do better" or a "high five-ah!"

Futures are flat after being somewhat firm pre-market.

Best of luck with your trading today!

Again, don't forget, chart show today!

Click here to watch today's Market in a Minute.

Best of luck with your trading today!

Dave

Blaine Tarr
10-03-2013,
April 12, 2012 - Aetna (AET)

Blaine Tarr
10-03-2013,
Barchart.com's Chart of the Day - Verisk Analytics (VRSK) for Apr 12, 2012

The "Chart of the Day" is Verisk Analytics (VRSK), which showed up on Wednesday's Barchart "All-Time High" list. Verisk on Wednesday posted a new all-time high of $47.96 and closed 3.39% higher. TrendSpotter has been Long since Jan 11 at $40.23. In recent news on the stock, Brigantine on March 23 initiated research coverage on Verisk with a Buy and a target of $51. UBS on March 7 initiated coverage with a Netural and a target of $44. Verisk on March 23 announced an agreement to acquire MediConnect Global for $349 million. Verisk Analytics, with a market cap of $7.7 billion, is a leading provider of risk assessment solutions to professionals in insurance, healthcare, mortgage lending, government, risk management, and human resources.

Blaine Tarr
10-03-2013,
The markets are having a solid snap back rally. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $137.08, +1.24 (+0.91%). A bounce like today is largely expected by intelligent investors as the buy the dip mentality is still alive and well. In addition, European markets did close higher on the day, thus giving the U.S. markets a sigh of relief. The earnings report from Alcoa Inc. (NYSE:AA) also helped the markets bounce. Be aware, the technical damage has been done to this market. While snap back rallies will happen, further downside is likely in the coming days and weeks.


Stocks are mostly higher today though some are weaker than others. A rare change of pace has Apple Inc. (NASDAQ:AAPL) weaker than the overall market. The stock is trading at $628.89 +0.45 (+0.07%). The simple minded investor would think the weakness is because the DOJ is set to file a lawsuit against Apple over price fixing. However, the pro traders realize that Apple had a reversal candle on the daily chart with major technical damage. The stock as overbought, downside is likely from here contrary to the media and analyst hype.

Starbucks Corporation (NASDAQ:SBUX) is very strong today, making a new 52 week high. This stock continues to be on a major run, regardless of the weakness in the market. The next technical level of resistance is at $60.15. Starbucks is currently trading at $58.74, +1.96 (+3.45%).

Gareth Soloway
InTheMoneyStocks

Blaine Tarr
10-03-2013,
Daily Market Commentary for April 11, 2012

The U.S. Justice Department filed an antitrust lawsuit accusing Apple Inc. as well as, five major publishers, of conspiring to fix the prices of e-books. (read more at Millennium-Traders.Com)
http://www.millennium-traders.com/ne...ommentary.aspx

The Federal Reserve said on Wednesday in the Feds Beige Book, that the U.S. economy continued to grow at a 'modest to moderate pace' over the last month. The term is the same adjective used to describe the economy in the prior two reports. Every region covered by the Fed's 12 districts grew, ranging from 'modest' in the Cleveland and St. Louis regions to a 'faster pace' in the Kansas City area.

The U.S. Treasury Department reported Wednesday that the U.S. government ran a budget deficit of $198 billion in March. The March figure pushed the deficit up to $779 billion for the first six months of fiscal 2012. The deficit for the first half of fiscal 2012 is lower than the one recorded in the same period in 2011, but the government remains on track to post another deficit of more than $1 trillion for the entire 2012 fiscal year

Boston Federal Reserve Bank President Eric Rosengren on Wednesday said prime money-market funds, which make up a big chunk of the $2.7 trillion industry, have structural problems that could amplify a future financial crisis if further reforms are not adopted. "Some prime funds have taken on significant credit risk - at times incurring losses that necessitated the support of the parent or sponsor of the fund, and in one case substantial government support," said Rosengren. The Securities and Exchange Commission may soon propose new capital restrictions on money funds, coupled with limitations or fees on redemptions by consumers or other money fund purchasers. Rosengren added that with 'appropriately calibrated' capital and redemption policies. the incentive for investors to run would be greatly reduced. The move would reduce the risk that investors would not receive the full value of their redemptions, he added. Comments from Rosengren come after Fed chairman Ben Bernanke on Monday evening reiterated his concerns about money funds.

On Wednesday, Kansas City Fed President Esther George said the most important step in restoring market discipline to the financial system would be to eliminate too-big-to-fail policies, including taking advantage of a provision in the Gramm-Leach-Bliley Act that would force divestitures or termination of new activities within 180 days if a financial holding company isn't well managed or capitalized. George also said bank capital standards, in particular leverage requirements tied to equity capital, need to be strengthened as she fretted about the lengthy transition period of Basel III. Risk-based capital standards is a concern of George because banks are quick to arbitrage whatever standards there are and because it is hard to say risk weights have been accurate measures of risk. George supported the implementation of the Volcker Rule and added there may be more financial activities that are incompatible with public safety nets.

The U.S. Labor Department said Wednesday that the prices paid for goods imported into the U.S. climbed higher by 1.3% in March, mainly because of higher oil costs. Compared to a revised 0.1% decrease in February, import prices in February were originally reported up 0.4% and fuel costs surged higher by 4.3% as the price of oil soared. Excluding fuel prices, import prices rose by only 0.3% last month. The price of U.S.- made goods exported to other nations, rose 0.8% in March.

President Barack Obama on Wednesday touted the controversial and, in many quarters unpopular, 'Buffett rule' that would force the wealthiest Americans to pay taxes at the very least at the same rate as regular wage earners. In a twist aimed to needle conservative opposition, Obama said the principle was once supported by a 'wild-eyed socialist, tax-hiking, class warrior' named Ronald Reagan, who once said it was 'crazy' that loopholes allowed millionaires to avoid paying their share of taxes. Congress should approve the so-called Buffett Rule, President Barack Obama reiterated on Wednesday, keeping up a push for what he calls tax fairness. The rule, named after Berkshire Hathaway chairman Warren Buffett, would require millionaires to pay at least 30% of their income in taxes before charity. Speaking in Washington, Obama said a vote next week in Congress is an opportunity for lawmakers 'to stand up for the middle class and make the tax system fair'.

On Wednesday, Tim Fox, a judge in Arkansas, slapped Johnson & Johnson with a fine of more than $1.1 billion following a jury ruling that the company's Janssen subsidiary hid risks associated with Risperdal, an antipsychotic drug. Judge Fox found that Johnson & Johnson committed about 240,000 violations of the state's Medicaid fraud law, one for each Risperdal prescription issued to Medicaid patients over a 31/2-year period, with each violation carrying a $5,000 fine. Johnson & Johnson said it was 'disappointed' with the decision and plans to appeal.


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Millennium-Traders.Com
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Blaine Tarr
10-03-2013,
April 11, 2012 - France Telecom (FTE)

Blaine Tarr
10-03-2013,
Random Thoughts

The market got whacked again on Tuesday. So far, it only appears to be pulling back. Obviously though, it has to stop soon.

Everyone wants to know exactly where the market will turn from bullish to bearish. There is no line in the sand. Like Justice Potter Smith, I'll know it when I see it. Like life, take the markets one day at a time and things become much easier.

If I had to pick a spot, ideally, I'd like to see the Ps stay above their prior pullback levels, circa 1340.

The sector action has deteriorated a bit in here as of late. A few big up days would save many of them.

For now, the plan remains the same:

1) Honor your stops on existing positions just in case this turns into something bigger.

2) Wait for entries on new positions. Again, as I preach, this can often keep you out of new trouble.

Futures are up sharply pre-market. I'd almost prefer if they were soft and then reversed--just enough to get the shorts comfy and keep the longs a little nervous. This could set up the mother of all reversals back into the direction of the longer-term trend. I guess I shouldn't complain about a market going up when I'm long. That's like complaining that the beer is too cold.

Click here to watch today's Market in a Minute.

Best of luck with your trading today!

Blaine Tarr
10-03-2013,
Barchart.com's Chart of the Day - Atlas Energy (ATLS) for Apr 11, 2012

The "Chart of the Day" is Atlas Energy (ATLS), which showed up on Tuesday's Barchart "52-Week High" list. Atlas Energy on Tuesday posted a new 4-year high of $37.19 and closed up 1.27%. TrendSpotter has been Long since Feb 27 at $26.94. In recent news on the stock, Atlas Energy on March 14 completed the distribution of Atlas Resource Partners to unitholders. Atlas Energy, with a market cap of $1.8 billion, owns and operates natural gas processing plants and natural gas gathering pipelines.

Blaine Tarr
10-03-2013,
Random Thoughts

Well, make no bones about it, the market got whacked a bit on Monday. It's not the end of the world though. So far, this action only appears to be corrective in nature. Back the chart out a bit or even better, look at a 2-day or 3-day chart and you'll see that the market has formed a bullish TKO pattern.

Obviously though, it will have to start going back up to complete this pattern. In the meantime, this is all you have to do:

1)Honor your stops on existing positions just in case. 2)Wait for entries on new positions. As I preach, this can often keep you out of new trouble.

Futures are in flatsville pre-market.

Click here to watch today's Market in a Minute.

Blaine Tarr
10-03-2013,
http://antichartjunk.com/2012/04/09/...g-vs-gambling/

March 9, 2012:

"I have been observing StockTwits and Twitter as it relates to trading for about a year and a half now and I would like to relay some of my observations, perhaps very obvious to some. I think it is crucial to first off describe the differences of investing vs. trading vs. gambling. The investor is someone who typically seeks out an edge through value with a longer time frame. An investor might invest in diversified ETFs or mutual funds and such stocks as BAC, JPM, GE, XOM, and PG. The trader is someone who typically seeks out an edge through growth with a shorter time frame (note that the goal of many traders is to be in a strong growth stock for a longer time frame as huge gains can be made, but in general the time frame is shorter). A trader might trade such stocks as AAPL, ALXN, PCLN, MA, and SBUX. A gambler is someone who has no edge who relies on luck in the short-term while in a longer time frame will always lose money. Though some believe that investing is a more of a gamble, like Jesse Livermore who states that investors ?make a bet, stay with it, and if it goes wrong, they lose it all,? I believe investing has its place, such as investing in diversified low-cost ETFs in retirement accounts which require peace of mind and inherent longer time frames. Clearly it is possible to trade in one account and invest in another (and even gamble in a third!). Regardless, a trade that is made without an edge (such as beyond a pivot point or clear breakout on poor quality stocks or even top quality stocks in a poor acting market or without increased volume) is a gamble. I believe this unique commitment and patience required for succesful trading makes investing better for 90% of individuals.

So how does this apply to StockTwits and Twitter? What I have observed are naive users who seek out tips on these services (and even CNBC which routinely features unaccountables who provide advice with no indication of their own strategy) on when to buy and sell stocks not knowing the other user?s time frame, risk tolerance, entry point, sell rules, goals, overall strategy etc. It seems that these lemmings desire some sort of human confirmation before acting. These users who are clearly blindly following others and high-flying extended stocks show up in droves in an uptrend but disappear when the overall market changes, probably along with their portfolio. These users do not understand the behavior of the stocks they are entering and do not have their own clear strategy. A study of INVN on StockTwits is a fascinating study as many users were clearly following others who were making purchases on a pure guess that a low was set and then selling at a lose as it fell through its 50-day moving average. The fact that these users sold reveals that they are traders, albeit gambling traders. A simple study of INVN?s volume showed a purchase at this second bounce from the 50-day moving average lacked any sort of trader?s edge and therefore was and still remains a gamble for the trader. It remains debatable on whether INVN currently has an investor?s edge.

Long story short, obviously someone who partakes in the market must clearly understand their own strategy (write it down!). My suggestion for those who use StockTwits and Twitter for market purposes is to seek out other user?s who clearly have the same methodology and ignore the lemmings. It is the investor or trader who avoids gambling by remaining true to a strategy, whether that is the methodology of Livermore, Darvis, or O?Neil or not, that is most succesful."

Blaine Tarr
10-03-2013,
I was told by TC to keep an eye on this one... hobo as well.

Blaine Tarr
10-03-2013,
April 10, 2012 - ITT (ITT)

Blaine Tarr
10-03-2013,
How to Boost Your Returns With ONE Secret ETF Strategy"

Free Webinar Recorded on Tuesday, December 3rd at 8:00 PM EST (New York Time)

In this free online class John Carter will share with you:

A Powerful Simple Strategy for Trading Options on ETFs
The SAFE Levels to Take Risk
The Very Best ETFs to use
Which ETFs You Have to Avoid Like the Plague
And much more...

Blaine Tarr
10-03-2013,
There are 9 reasons why you SHOULD trade options on ETFs...and they're in this video...

9 Reasons to trade Options on ETFs

You'll learn from John Carter...

Why ETFs are his BEST Instrument for Options Trading
How he wires 34k from his Trading, to his Personal Account
Why ETF Options are untouchable by Market Makers
And a LOT more...

Blaine Tarr
10-03-2013,
This video PROVES it

Legendary trader John Carter had a pretty good day recently... where he recorded live his 223k trading day! This was recorded in his REAL money accounts...

97k on Apple
93k on Google
104k on Priceline

AND YOU CAN WATCH IT HERE

John will show you exactly how he traded the above trades, what he did right, what he did wrong, and what YOU can do to trade like this. And he points out what a 'small account' really is and how the overall goal is to have an income source by growing it to big account!

Blaine Tarr
10-03-2013,
Just Released: 50 top movers in 2013

MarketClub.com has been in the business of trend following for decades, and they are happy to announce that you can take a look at Today's Top 50 Trending Stocks now...for free! This dynamic report is a list of market movers that can make a difference in your portfolio for 2013.

It costs you nothing, and it could be the game changer you have been looking for.

It's time you started trading like the smart money, get started today for free!

Blaine Tarr
10-03-2013,
See how your picks stack up against other posters - join our weekly stock picking contest. Your win will be registered under your username and everyone will know about your stock picking talents.

Blaine Tarr
10-03-2013,
Barchart.com's Chart of the Day - Las Vegas Sands (LVS) for Apr 10, 2012

The "Chart of the Day" is Las Vegas Sands (LVS), which showed up on Monday's Barchart "52-Week High" list. LVS on Monday posted a new 3-2/3 year high of $60.85 and closed up 3.17%. TrendSpotter has been Long since March 13 at $56.16. In recent news on the stock, Bloomberg reported on March 29 that Sands China will open its fourth Macao casino next month. Lazard on March 27 reiterated its Buy rating on Las Vegas Sands and raised its target to $70 from $58. Las Vegas Sands (LVS), with a market cap of $42 billion, is a hotel, gaming, and retail mall company headquartered in Las Vegas, Nevada. The company owns The Venetian Resort Hotel Casino, the Sands Expo and Convention Center, Venetian Interactive, an internet based venture, and Venetian Macao Limited, a developer of multiple casino hotel resort properties in The People's Republic of China's Special Administrative Region of Macao.

Blaine Tarr
10-03-2013,
I want to buy GRPN 14-13$ i think this is like half off the stock i personnely use it think its great? i think will bounce up just give it some time ?

Blaine Tarr
10-03-2013,
Killer day in chat between ASYI HBRM HDSI VRNG etc. Here's the ASYI chart highlighting the alert early this morning. .005 was resistance on the daily that needed broken. Sure enough, it popped quite well after getting through it.

Blaine Tarr
10-03-2013,
Adept Technology Inc. (nasdaq)
today's price moves 20% up
open 5
close 6 :dance:
low 4.96
high 6.45
The company's price in 30/1 was 2.57 and it was its uptrend start point. the recommendation price was 2.57 by smart swing engine as it shown in the picture https://rapidshare.com/files/3708142360/adep.JPG

my point of view is that "you can make (earn) about 100% of your money in about tow monthes if you works for mid term" but it needs you to have the tool to pick the right stock at the right time
the company chart http://www.nasdaq.com/symbol/adep/st...owerstudy=macd

notice it is very important to see the trades picture @ https://rapidshare.com/files/3708142360/adep.JPG

Blaine Tarr
10-03-2013,
We've played this in the past, and it appears to be setting up again, for a possible breakout in the near future. Keep it on your watchlist for a move over 3.00.

Blaine Tarr
10-03-2013,
Name: tim.png Views: 162 Size: 9.8 KB

From the desk of Timothy Sykes
Penny Stock Millionaire
Beating the IPO Craze

Remember the IPO craze of the 1990s? Countless companies?some good, some bad?went public. Millionaires and billionaires sprouted like weeds, even at the crummy companies.

The problem is, only insiders, investment bankers and a few lucky employees were able to cash in. Investors like us were left out in the cold.

Why am I bringing this up? Because as I showed you on my last video, those IPOs have a lot in common with today?s stock promotion schemes?with one ginormous difference:

You can actually make money on stock promotions, even if you?re not an insider... like the 108% my student, Jarmall, made in a single day while standing in line at the DMV.

Click here to discover how you can scalp stock promotions for big profits.

What do IPOs and stock promotions have in common?

Simple. During the IPO craze, investors didn?t seem to care if the company they were buying had a good business, a good idea, or even any earnings. They wanted in, no matter what. That demand sent the stock of the hottest companies soaring.

The catalyst behind it all: the promotion and marketing of these companies by the investment banks to their client base. That promotion and marketing drove millions of dollars into these stocks?money that drove the stocks to often ridiculous levels, creating millionaires and billionaires in the process.

While the IPO craze is more than a decade behind us, today?s stock promoters follow a very similar model: promoting and marketing low-priced stocks to millions of investors, who they hope will pile in and drive up the stock price.

Just like many of the old IPOs, a huge number of these promoted companies have absolutely nothing going for them and make for terrible long-term investments... yet investors buy them anyway.

That explains how, in 2011, the stock promoters I tracked were able to drive some pretty iffy stocks up 280% in 14 days... 642% in 42 days... and even 1,540% in 21 days.

Of course, most?if not all?of these companies later crashed. But nvestors who got in early and then got out fast once they hit their profit target took their money home by the truckload.

Blaine Tarr
10-03-2013,
Random Thoughts

The market stabilized way back last Thursday but that doesn't matter. Futures are getting whacked pre-market (whacked is just slight above creamed on the Big Dave Futures Open Scale).

Lately, the indices have been a little sideways. The weak open will push them below this sideways range.

It's what happens next that's important.

If they gap lower, find their low and rally back up into the range, we can breathe a sigh of relief. Anything else we'll have to take on a day by day basis. Ideally, you want to see the market spring right back up. This punishes the eager shorts and forces the longs shaken out to get back in or risk being left behind. This is the reasoning behind my Trend Knockout pattern. Too cheap to by the book? Email me and I'll send you the pattern.

So what do we do? As I have been saying during this correction:

First, honor your stops on existing positions. He who fights and runs away, lives to fight another day. Second, wait for entries on new positions. This can often keep you out of new trouble.

And, if the market doesn't go straight back up, we might look to fire off a short or too. For now though, other than commodity related areas, we remain long. See last week's Week In Charts for more on what's going on in the sectors. Or, email me and I'll get you the recent service archives.

Click here to watch today's Market in a Minute.

Best of luck with your trading today!

Dave

Blaine Tarr
10-03-2013,
April 9, 2012 - Untied Technologies (UTX)

Blaine Tarr
10-03-2013,
Barchart.com's Chart of the Day - Visa (V) for Apr 9, 2012

The "Chart of the Day" is Visa (V), which showed up on Thursday's Barchart "All Time High" list. Visa on Thursday posted a new all-time high of $121.15 and closed up 1.71%. TrendSpotter has been Long since Feb 2 at $106.06. Visa was last featured on Chart of the Day with the Feb 2 close at $106.06. In recent news on the stock, Bank of America/Merrill Lynch on March 12 reiterated its buy rating and raised its target to $130 from $115 due to strong earnings growth and the improved economic environment. Visa, with a market cap of $96 billion, operates the world's largest retail electronic payments network.

Blaine Tarr
10-03-2013,
http://antichartjunk.com/2012/03/21/sell-rules/

March 21, 2012:

"William O?Neil advocates a strict 7-8% stop loss rule from the point of purchase, for all purchases. Though I think this is a good foundation, I also think this rule is for the average trader in an average market buying an average growth stock.

I am a little more flexible given the circumstance, based on my own risk tolerance, the general market, and the behavior of the specific stock (and its proximity to its moving averages). Take for example INVN which is known to experience greater than 8% swings intraday. I believe that it would be illogical to apply the 7-8% stop loss to this stock. Note that the volume on March 7, 2012 and bounce from its 50-day moving average made this an easy purchase with a stop loss under the January 26, 2012 low. When a stock that is not as volatile as INVN has clear support via price or its 50-day moving average (when purchased above the 50-day), that is less than 8%, I will consider placing the stop loss under this point even if it?s only say 3% from the purchase price.

When a stock rises from your buy point, O?Neil states to take gains at 20-25% (with the exception of holding stocks 8 weeks that perform the above with 3 weeks) and to never permit a large gain turn into a loss. Again, I think this rule is for the average trader in an average market with an average growth stock. What if a stock never hits 20%? This was the case much of last year, when the astute trader would have adjusted selling to the 10-15% range. Much weight should be given to the volume vs. average volume, both of the general market and the stock. If the market and/or the stock falls in rising volume routinely then selling should be considered, no matter what the % gain or loss. Note in this current trend that many stocks from previous quality risk reward setups , such as AAPL, BWLD, HLF, LULU, MA, PCLN, RAX, SWI, have performed exceptionally well and selling using the general rules would have seen lost potential. In these conditions I choose to hold tight and have a plan in place when selling picks up in increased volume, which inevitably it will. For such large gainers, a trader who wants peace of mind could gradually raise stops, such as in SWI an average purchase price around 34 could now have a stop just below the 50-day at around 35 which will give SWI room to fluctuate."

?Chartjunk refers to all visual elements in charts and graphs that are not necessary to comprehend the information represented on the graph, or that distract the viewer from this information.?- as defined by Wikipedia and Edward R. Tufte

Antichartjunk
http://antichartjunk.com

Blaine Tarr
10-03-2013,
Hi , All I'm new to the stock market.

As of tomorrow I'll be transferring around $4000 to my etrade account, I still dont have picks yet to buy 2mrw.


I've had COOL , P , MYE , THQI on my watch list since like last week and I know all about the company except for P.

Do you think these Company's will make me some money ?

Im going for a mid term (6 month) trading.

Thank You

Blaine Tarr
10-03-2013,
http://antichartjunk.com/2012/04/09/week-15/

Buy or Sell: Sell (poor performing stocks, stocks falling in increased volume, stocks with gains risking loss)

Long into Week 15: ALXN, BIDU, BWLD, FFIV, HLF, MA, PCLN, RAX, RGR, ULTA, VAL, VMW

Add to watchlist as initial or secondary buys, but do not buy until market shows buy signals:

BIDU ? 142.59 to 149.72

FUL ? 31.72 to 33.31

KORS ? 50.79 to 53.33

MELI ? 103.08 to 108.23

SAVE ? 20.76 to 21.80

TDG ? 118.31 to 124.23

TNGO ? 20 to 21

TRIP ? 35.02 to 36.77

VMW ? 111.53 to 117.11 (note 5 year chart)

Add to watchlist as secondary buys only, but do not buy until market shows buy signals:

ALXN ? 95.11

BWLD ? bounce from 50-day

CF ? bounce from 50-day

CLR ? bounce from 50-day

CSTR ? 63.89

FFIV ? 130.37

LECO ? bounce from 50-day

MA ? 428.20

MANH ? bounce from 50-day

MELI ? bounce from 50-day

PII ? 70.41

SWI ? bounce from 50-day

URI ? 45.08

VAL ? 47.71

VFC ? 150.1

VRX ? 55.69

Blaine Tarr
10-03-2013,
Hope everyone had a good 3 day weekend. Here's the list for Monday:

AAPT ARNA ARRY BFAR BSPM CLNT CNAM CREG DSCO DYAX FCH GFMD HBRM HDSI HRDN IBIO KING MSTG NFEC OSN PCYO PHAR SALM SEFE SNPK STVF TCX TEAR VALV VRNG VRNM

Details and more info as they set-up, in chat tomorrow.

Blaine Tarr
10-03-2013,
The dollar turned the corner last week and begun a new daily cycle.
To review, the previous daily cycle was the first daily cycle of a new weekly cycle.
The previous daily cycle finished off as left translated and printed a higher high and a higher low.
Looking back through 2008 I can only find one example of a new weekly cycle beginning with a left translated first daily cycle.
Interestingly, it was followed by a second daily cycle that was also left translated printing a higher high and a higher low.

So, Thursday was day 2 of the new daily cycle.

Blaine Tarr
10-03-2013,
Norman Hallett, the Internet's top authority on trading discipline, penned a book that you need to have... and he's just giving it away.

Norman's written a terrific downloadable book all about reducing trading risk and really gives some great risk management and money management techniques that you can use RIGHT NOW to hike your trading results.

You know how important risk management and money management are to your trading... but are you really applying them correctly... and to the fullest... in your trading?

He's just GIVING the book to you.. complimentary... for just a day or two, so don't hesitate and grab it.

It's 71 Pages of MEAT.

Whether you trade stocks, FOREX, options, futures or bonds...

Blaine Tarr
10-03-2013,
Announced this one in chat on Friday as it was picking up volume. It's trying to pick up off of dip on daily chart might turn into a decent swing trade next week.

Blaine Tarr
10-03-2013,
Hi
I am new to stock trading. I would like to understand what sector performs best when consumer spending is high?

Blaine Tarr
10-03-2013,
1. Ae went up today around 10% i don't know why or what happened where do I get this kind of information ?
2. Debt/equality ration one was 200% it is amt ? Is this possible good? Bad?
3. What are some good research sites to find what happens to certiab stocks ect,
Thanks rustam5

Blaine Tarr
10-03-2013,
Norman Hallett, the Internet's top authority on trading discipline has done it again.

In fact, he's done TWO THINGS again.

ONE... He's polled 1772 traders on what's REALLY getting in your way of being DISCIPLINED in your trading... and in response to what he's discovered...

He's recorded 3 short audios (3 minutes each) tackling the most important 3 issues reported by traders...

Stopping the "Blowout Trade"
Having the Strength to Pull The Trigger
Taking Your Losses without Hesitation


and TWO... he's just GIVING these audios to you - complimentary - available for a few days.

Whether you trade stocks, FOREX, options, futures or bonds, ALL TRADERS need good discipline.

Blaine Tarr
10-03-2013,
April 2, 2012 - Molycorp (MCP)

Blaine Tarr
10-03-2013,
Random Thoughts

Well, obviously the market got whacked a bit on Wednesday. It's not the end of the world though. This could actually shake out a few nervous longs and attract a few eager shorts.

Hey, if it went up every day, then everybody would be doing it.

Back the chart out and so far, the major indices only appear to be consolidating. The Nasdaq is actually setting up in a bullish Double Top Knockout-like pattern. I'll flesh this out later today in the chart show.

Longer-term, the uptrend remains intact. Short-term though, the market remains stuck in a sideways range. A few big up days would make all the difference in the world.

So what do we do? As I said yesterday:

First, honor your stops on existing positions. He who fights and runs away, lives to fight another day. Second, wait for entries on new positions. This can often keep you out of new trouble.

Blaine Tarr
10-03-2013,
Barchart.com's Chart of the Day - Gartner (IT) for Apr 5, 2012

The "Chart of the Day" is Gartner (IT), which showed up on Wednesday's Barchart "All Time High" list. Gartner on Wednesday posted a new all-time high of $43.34 and closed up 0.28%. TrendSpotter has been Long since Jan 19 at $37.15. In recent news on the stock, Gartner on Feb 7 reported Q4 EPS of 46 cents versus the consensus of 47 cents. Gartner, with a market cap of $4 billion, is a research and advisory firm that helps clients understand technology and drive business growth.

Blaine Tarr
10-03-2013,
http://antichartjunk.wordpress.com/2012/04/02/week-14

Buy or Sell: Sell (poor performing stocks, stocks falling in increased volume, stocks with gains risking loss)

Long into Week 14: ALXN, BIDU, BWLD, FFIV, HLF, MA, PCLN, RAX, RGR, TNGO, ULTA, VAL, VMW

Add to watchlist, but do not buy until market shows buy signals:

BIDU ? 142.59 to 149.72

CELG ? 75.21 to 78.97

CF ? bounce from 50-day

CLR ? bounce from 50-day

CSTR ? 63.89 to 67.08

GNC ? 33.80 to 35.49

FIRE ? 46.39 to* 48.71

FFIV ? 130.37 to 136.89

FUL ? 31.72 to 33.31

INVN ? bounce from 50-day

LECO ? bounce from 50-day, or 47.52

MA ? 437.66 to 459.54

MANH ? 47.62 to 50.00 or bounce from 50-day

MELI ? bounce from 50-day

PII ? 70.41 to 73.95

RGR ? 46.78 to 49.12

TDG ? bounce from 50-day or 121.58 to 127.66

TNGO ? 20 to 21

SAVE* ? 20.76 to 21.80

SWI ? 39.85 to 41.84

TNGO ? 20.15 to 21.16

VAL ? 47.71 to 50.1

VFC ? 150.1 to 157.61

VMW ? 111.53 to 117.11 (note 5 year chart)

Blaine Tarr
10-03-2013,
Last trading day of the week. Market closed Good Friday. Absolutely ridiculous in chat today. Several low floaters all went boom and we caught them early. CLNT RCON HEAT GPRC to name a few. To many good calls today to list. We may start posting the chat logs after the fact if your curious to see the actual time we alerted it. It may help you to decide whether or not you want to trade with us. Here's whats on tap for Thursday:

AAPH ACDP ADY ATYG BMTI CBIS CCTC CLNT EFIR EONC GPRC HDSI HEAT ITLI JOEZ KERX KV.A LIVE LTSN MOTR PRXI SEFE SNPK STVF RHCO THTI TPIV TZYM VRNG WLGC

Blaine Tarr
10-03-2013,
"How to Boost Your Returns With ONE Secret ETF Strategy"

Free Webinar Recorded on Tuesday, December 3rd at 8:00 PM EST (New York Time)

In this free online class John Carter will share with you:

A Powerful Simple Strategy for Trading Options on ETFs
The SAFE Levels to Take Risk
The Very Best ETFs to use
Which ETFs You Have to Avoid Like the Plague
And much more...

Blaine Tarr
10-03-2013,
There are 9 reasons why you SHOULD trade options on ETFs...and they're in this video...

9 Reasons to trade Options on ETFs

You'll learn from John Carter...

Why ETFs are his BEST Instrument for Options Trading
How he wires 34k from his Trading, to his Personal Account
Why ETF Options are untouchable by Market Makers
And a LOT more...

Blaine Tarr
10-03-2013,
Proof that 'account size doesn't matter' is often very hard to find. People say it doesn't matter...but can't prove it.

This video PROVES it

Legendary trader John Carter had a pretty good day recently... where he recorded live his 223k trading day! This was recorded in his REAL money accounts...

97k on Apple
93k on Google
104k on Priceline

Blaine Tarr
10-03-2013,
Just Released: 50 top movers in 2013

MarketClub.com has been in the business of trend following for decades, and they are happy to announce that you can take a look at Today's Top 50 Trending Stocks now...for free! This dynamic report is a list of market movers that can make a difference in your portfolio for 2013.

It costs you nothing, and it could be the game changer you have been looking for.

It's time you started trading like the smart money, get started today for free!

Blaine Tarr
10-03-2013,
See how your picks stack up against other posters - join our weekly stock picking contest. Your win will be registered under your username and everyone will know about your stock picking talents.

Blaine Tarr
10-03-2013,
April 4, 2012 - Johnson & Johnson (JNJ)

Blaine Tarr
10-03-2013,
Another good day. ATYG a doubler, FCSC a doubler from yesterday's late day alert in chat for bounce idea. Both were played well by members. I sold my GNOM for 10%. Ran a liquidity test on HBRM, lost commission, but it was worth the test. Looking for a morning washout on it and then bounce idea. Holding YONG and CBIS overnight. Looking for morning strength on YONG, and CBIS hope it gets a little bounce in the morning or I'm done. VRNG set up short-side very nice a few times today, but Ameritrade sucks and had no borrows. I need to get up earlier and call SpeedTrader to get a few. Would love for VRNG to washout towards 2.20 tomorrow though for a bounce play. SEFE and SNPK continue their pumps and are still in play. SEFE still going from .90 alert in chat last week, now 1.16 while SNPK doing quite well off the washout alert last Friday just under .60, now .98. SNPK now needs the $1.00 breakout again, this time watch for major volume as everyone chases it higher only to get effed again when they tank it for the grand finale dump! Should speed up on that effort and get a really strong push towards 1.50 before it dies. SEFE just seems to be trading between themselves as they walk it up. Getting more attention now though, and might get a few more up days before they dump their 2.7 million shares; if not more by now.

The rest of what I'm watching for Wednesday:

Blaine Tarr
10-03-2013,
Barchart.com's Chart of the Day - MasterCard (MA) for Apr 4, 2012

The "Chart of the Day" is MasterCard (MA), which showed up on Tuesday's Barchart "All Time High" list. MasterCard on Tuesday rallied to a new all-time high of $440.60 and closed up 1.38%. TrendSpotter has been Long since Feb 3 at $390.32. In recent news on the stock, Sterne Agee on March 5 reiterated its Buy rating on MasterCard and raised its target to $480 from $430. Deutsche Bank on Feb 24 reiterated its Buy rating on MasterCard and raised its target to $465 from $415. However, UBS on Feb 29 initiated coverage on MasterCard with a Neutral and a target of $438. MasterCard, with a market cap of $53 billion, is a leading payment processor.

Blaine Tarr
10-03-2013,
Random Thoughts

The market sold off but then recovered to close off of its worst levels. It seems that sell offs have been met with buyers as of late. Today will be an interesting test of this. Futures are getting whacked pre-market. This might keep the indices stuck for a little while longer in a short-term sideways range. Longer-term, the uptrend remains intact.

So what do we do? First, honor your stops on existing positions. He who fights and runs away, lives to fight another day. Second, wait for entries on new positions. This can often keep you out of new trouble.

A couple of big up days is all we need to fix this market. This would put it back to new highs. And, as I've been preaching, as long as a market is making new highs, it's in a trend. Again, the rest is just details.

Click here to watch today's Market in a Minute.

Best of luck with your trading today!

Dave

Blaine Tarr
10-03-2013,
If you'd like to generate a $100K a year income from your trading, then you'll love this new presentation.

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Instead, it gives you a blueprint to get from where you are now to the level of income you want from your trading.

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It's offered by Dr. Adrian Manz, a pro trader who specializes in generating income. His daily income method has a stellar reputation for long-term consistency and profit potential.

This guy knows what he's doing.

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Blaine Tarr
10-03-2013,
April 3, 2012 - Johnson & Johnson (JNJ

Blaine Tarr
10-03-2013,
Barchart.com's Chart of the Day - Costco Wholesale (COST) for Apr 3, 2012

The "Chart of the Day" is Costco Wholesale (COST), which showed up on Monday's Barchart "All Time High" list. Costco on Monday posted a new all-time high of $92.10 and closed up 1.15%. TrendSpotter has been Long since Feb 3 at $85.36. In recent news on the stock, William Blair on March 5 upgraded Costco to Outperform from Market Perform. Costco on Feb 29 reported fiscal Q2 EPS at 90 cents, above the consensus of 87 cents. Costco, with a market cap of $39 billion, operates membership warehouses based on the concept that offering members very low prices on a limited selection of nationally branded and selected private label products in a wide range of merchandise categories will produce high sales volumes and rapid inventory turnover.

Blaine Tarr
10-03-2013,
Random Thoughts

The market had a decent day. The Ps closed at multi-year highs and the Quack is just shy of decade plus highs. Even Rusty's waking up. It's not far from its all-time highs.

Here's the first thing you need to know about trend. If a market is making new highs, it's in an uptrend. The rest is just details. But Dave, where I can find out more about these details? I'm glad you asked, go here:

http://www.amazon.com/gp/product/097...SIN=0974765333

Contact your local library if you're cheap or broke.

Blaine Tarr
10-03-2013,
Another Damn good day in chat. VRNG went 85%, HBRM went over 100%, CBIS followed thru from Friday for another good day-trade opportunity today. DRL was alerted this morning around 1.65 before running to 1.90. Plus others. I personally made a decent chunk of beer money on WG and CBIS, lost a few bucks on LPH (failed b/o) and am holding GNOM o/n in anticipation of the 3.00 breakout soon. Here's what is on watch for Tuesday:

ALKN ALQA BIZZ BMTI CYNX DRL ENZR FONR GNOM GTRL HBRM IBIO MDW NEIK ONVO PTIE QUIK SEFE SNPK TADF TCX USAT VRNG WG XIN

VRNG - Parabolic short squeeze today pushed it much higher than it should have gone. Some report that they are suing Google for patent infringement. Case set for October, so look for this to be pretty volatile until then. Lots of eyes on it now, will go hard both ways. Should provide ample opportunities to go long and short. More in chat tomorrow.

PNCL - filed bankruptcy yesterday, and gapped down huge today, but found some buyers and closed relatively strong considering the events of the weekend. Alerted it at .50 this morning in chat on open before it popped to .70. But yes, I'm down quite a bit on it, as it was a swing I was holding; but the plan now is to play dips for day-trades and see if we can get at least .80 out of it before taking the loss. PNCL wiped out my CBIS gains from Friday, so looking at the big picture it's not terrible and I'll milk as much as I can out of it before they de-list.

Blaine Tarr
10-03-2013,
Barchart.com's Chart of the Day - Digital Realty Trust (DLR)

The "Chart of the Day" is Digital Realty Trust (DLR), which showed up on Friday's Barchart "All Time High" list. Digital Realty on Friday posted a new all-time high of $74.04 and closed up 1.43%. TrendSpotter has been Long since Feb 23 at $70.90. In recent news on the stock, Digital Realty on Feb 17 reported Q4 adjusted funds from operation (FFO) at $1.03 per share, above the consensus of $1.01. Morgan Stanley on Feb 16 initiated coverage on DLR with an Overweight and a target of $76. However, Jefferies on March 15 downgraded DLR to Hold from Buy due to valuation. RBC Capital on Feb 27 downgraded DLR to Sector Perform from Outperform but raised its target to $75 from $71. Digital Realty Trust, with a market cap of $7.8 billion, is a real estate investment trust that owns and manages technology-related real estate.

Blaine Tarr
10-03-2013,
Random Thoughts

The Ps started strong, turned weak, but then recovered. The Quack was a little soft. Walk across the room and take a look back at your screen and you'll see that the nice persistent trend remains intact.

With a few caveats, most sectors also remain in solid uptrend.

So, it's still good y'all in trend following land. It might still be good next month, next year, or for the next 10 years. Who knows?- not you, not me, not the man behind the tree, and certainly not those who pontificate loudly with certainly. That doesn't mean you can't trade. If short-term the market looks good, then stick with it until proven otherwise.

Since we don't know what the distance future will bring, we continue to follow our trend following (moron) plan: use protective stops, trail stops, take partial profits when offered, select only the best of the best setups and wait for entries on those.

Jeez, once again, I've revealed all.

Stick a fork in bonds. They're done. To those new to the markets, that means interest rates are on the rise. You might want to write that down.

Futures are flat pre-market.

Click here to watch today's Market in a Minute.

Best of luck with your trading today!

Dave

Blaine Tarr
10-03-2013,
Weaker economic releases didn't cool down the steam of the bull; stocks bounced quickly after three days sharp declines in the middle of the week. Equities had been ridiculously strong so far this year, although the U.S. economic condition is still questionable as the nonfarm continued to growth, the S&P500 finished with the best first quarter gain since 1998. On the other hand, the fixed income market took a small hit this quarter as the Treasury yields rose across the curve, the 10-year is now trading 20 basis points higher than what it stood early this year as well as the historical low. The question now becomes whether or not the economic recovery is real and how long will the low jobless claims least. The monthly employment data will be the key market mover next week as investors want to know whether it is time to buy bonds again.

Technical Highlights:
? Stocks outpaced bonds as treasury yield suffered from its downtrend; Equity finished its best first quarter since 1998.
? The negative divergence between stocks and indices continued to be concerned as stocks are not performing well enough to support the indices rally.
? Defensive stocks led the stock market higher as healthcare, discretionary and utility outperformed all other sectors.
? History performances showed market strength as we are entering into the "Buy in April, Sell in May" season.
? Treasury weakened on the long end of the curve; Bullish crossover appeared on the 2-yr as its 50day SMA is now trading above its 200day SMA.

read more at...

http://plus.alpbeta.com/report/201213.pdf

Blaine Tarr
10-03-2013,
Let's start April off with a bang. Nailed CBIS on the .12 breakout Friday, and called the SNPK bottom in chat before it bounce .60-.85. ZAZA was solid from the 4.12 high of day breakout call, peaked at 5.00. SNSS went bang right out the open, straight from watchlist Friday 2.60-3.20. Plus more, but those are the four alerts that stick out from Friday's action. Here's what I'm watching for Monday:

AGCZ ALKN CBIS CVVT CXPO CYBI ENZR EXM FCEL FSM GPRC HPCS HZNP LLEN MILV MUX PNBC SBSA SNPK SNSS SRCH STEM TSON TWER TXTM XIN XRA XUE ZAZA

The only swing I have left in my bag is PNCL. Didn't trade much last week due to the family issues, but I'm ready to go now. Made bank on CBIS on Friday, but that's about it. Join us right here in our new home.

Blaine Tarr
10-03-2013,
P/E 8.69
52 Week Low 9.44% off those levels.

I think it mights be time to get LONG BBY...

22.50 Support.


What do you guys think the media hasn't been a fan of this one..

Blaine Tarr
10-03-2013,
I like this chart alot. Prob one of my Favorites right now. As you can see the stock brokeout on highvolume last month and was able to keep this strength in March. The stock ended the day on Friday with a strong gain of 14 cents (4%) to 3.48. It pushed higher throughout the day and closed out the session near its highs. This creates a bullish scenario for next week, one in which the stock opens the day a few ticks higher and then continues its rally. The break of resistance 3.33 (20-day SMA ) with high volume also was great. The next point of interest is the the next point to look out for is the high of February at 3.84. DRYS has a very interesting daily chart and could have a bigger move soon. The technical chart looks really bullish as the stock is trading above 50-day moving average and the 50-day MA crossed above 200-day MA recently ( Golden Cross ). Additionally, the Accumulation/Distribution shows that the stock continues to be under accumulation by institutional traders and money managers. Heavy volume on up days. A break of 3.84 would confirm continuation of the trend, with a target area of 4.3 to 4.5. Worth watching for a breakout.

Blaine Tarr
10-03-2013,
Friday was day 22 for the dollar?s daily cycle.
Should Monday form a swing low making today the daily cycle low, the dollar would have printed a neutral translated daily cycle.

Blaine Tarr
10-03-2013,
Indicators + Settings:

Wilder's DMI (32)
Parabolic SAR (0.01, 0.02)



Time-Frame:

Daily



Enter/Exit Conditions:

BUY: Parabolic SAR BUY + DMI D+ over D-
EXIT: Either Parabolic SAR sell or DMI D- crossover D+



SELL: Parabolic SAR Sell + DMI D- over D+
EXIT: Either Parabolic SAR buy or DMI D+ crossover D-

Blaine Tarr
10-03-2013,
Just wondering what peoples opinion is on office depot?

Its had a pretty good reversal as of late, and is treading well above the 52 week low. Volume is also on the rise. It looks like a good buy right now. Opinion?

Blaine Tarr
10-03-2013,
March 30, 2012 - Alcatel Lucent (ALU)

Blaine Tarr
10-03-2013,
Barchart.com's Chart of the Day - H.B. Fuller (FUL) for Mar 30, 2012

The "Chart of the Day" is H.B. Fuller (FUL), which showed up on Thursday's Barchart "All Time High" list. Fuller on Thursday rallied to a new all-time high of $33.40 and closed up 3.98%. TrendSpotter has been Long since March 9 at $30.79. In recent news on the stock, the company on March 28 reported Q1 EPS of 44 cents, above the consensus of 37 cents. First Analysis on March 6 upgraded H.B. Fuller to Overweight from Neutral with a target of $37 citing earnings accretion from the acquisition of Forbo Adhesives. H.B. Fuller, with a market cap of $1.5 billion, is a worldwide manufacturer and marketer of adhesives, sealants, coatings, paints and other specialty chemical products.

Blaine Tarr
10-03-2013,
Random Thoughts

The market sold off fairly hard but then made back most of those losses late in the day.

I like the fact that sell offs have been met with buyers. Knowing the personality of the current market is the key to success. And lately, it's been behaving well.

We don't know that it'll be great forever so we use protective stops, trail stops, take partial profits when offered, select only the best of the best setups and wait for entries on those. Dang, I just gave away 96% of my methodology. Still, my wife Marcy, would like you to buy the book.

The Energies, Metals & Mining, and Debt look questionable. Most other areas, like the overall market, remain in solid uptrends.

So what do we do? See the aforementioned 96% paragraph.

Futures are firm pre-market.

Click here to watch today's Market in a Minute.

Blaine Tarr
10-03-2013,
Global Market Comments

Macro Millionaire Featured Trades:
(THE FINAL WORD ON THE VOLATILITY INDEX),
(VIX), (VXX), (TVIX),
(DINNER WITH NOBEL PRIZE WINNER DR. JOSEPH STIGLITZ)

From the desk of John Thomas
Macro Millionaire
Market Comments for Thursday, March 29, 2012

The Final Word on the Volatility Index.
The inside story on the collapse of volatility is now out, and as a result, managers are reviewing the harsh lessons learned and tweaking their strategies. It highlights the dangers of buying securities without reading the prospectus and understanding what is under the hood.

As investors piled into stocks in February, they also bought downside protection in the form of the Velocity Shares Daily 2X VIX Short Term ETN (TVIX). For reasons that are yet to be explained, the issuer, Credit Suisse, arbitrarily decided to quit issuing new shares, effectively turning this vehicle into a closed end fund. Money poured in anyway, driving the price up to a 100% premium over the intrinsic value of the fund.

Blaine Tarr
10-03-2013,
Barchart.com's Chart of the Day - PNC Financial (PNC) for Mar 29, 2012

The "Chart of the Day" is PNC Financial (PNC), which showed up on Wednesday's Barchart "52-Week High" list. PNC Financial on Wednesday posted a new 13-month high of $64.79 and closed up 2.52%. TrendSpotter has been Long since March 15 at $63.00. In recent news on the stock, the Federal Reserve on March 13 accepted PNC's capital plan and did not object to PNC's plan to increase its dividend and adopt a modest share repurchase program. Raymond James on March 26 downgraded PNC Financial to Outperform from Strong Buy, but left intact the price target of $70, due to valuation and a lack of near-term catalysts. PNC Bank, with a market cap of $34 billion, is one of the nation's largest diversified financial services organizations, providing regional banking, corporate banking, real estate finance, asset-based lending, wealth management, asset management and global fund services.

Blaine Tarr
10-03-2013,
March 29, 2012 - Mosaic (MOS)

Blaine Tarr
10-03-2013,
"How to Boost Your Returns With ONE Secret ETF Strategy"

Free Webinar Recorded on Tuesday, December 3rd at 8:00 PM EST (New York Time)

In this free online class John Carter will share with you:

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Blaine Tarr
10-03-2013,
There are 9 reasons why you SHOULD trade options on ETFs...and they're in this video...

9 Reasons to trade Options on ETFs

You'll learn from John Carter...

Why ETFs are his BEST Instrument for Options Trading
How he wires 34k from his Trading, to his Personal Account
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And a LOT more...

Blaine Tarr
10-03-2013,
Proof that 'account size doesn't matter' is often very hard to find. People say it doesn't matter...but can't prove it.

This video PROVES it

Legendary trader John Carter had a pretty good day recently... where he recorded live his 223k trading day! This was recorded in his REAL money accounts...

97k on Apple
93k on Google
104k on Priceline

Blaine Tarr
10-03-2013,
Just Released: 50 top movers in 2013

MarketClub.com has been in the business of trend following for decades, and they are happy to announce that you can take a look at Today's Top 50 Trending Stocks now...for free! This dynamic report is a list of market movers that can make a difference in your portfolio for 2013.

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Blaine Tarr
10-03-2013,
See how your picks stack up against other posters - join our weekly stock picking contest. Your win will be registered under your username and everyone will know about your stock picking talents.

Blaine Tarr
10-03-2013,
Random Thoughts

The Ps and Quack sold off but did manage to close off their worst levels. Rusty came back in to its prior breakout levels.

So far, the market remains in a solid uptrend and it is just pulling back a bit.

And, once again, most sectors with the notable exceptions of Energies and Metals & Mining remain in solid uptrends.

Better add Debt to the above. Rates look like they’re on the cusp of going up which would force bonds down.

So what do we do? Nothing has changed. I’m seeing a few setups so look to start adding on the long side. As usual though, just make sure you wait for entries and of course, honor your stops just in case. We could see some setups on the short side soon in the energies.

All of this, plus, much much more will be covered later today in the Chart Show. So, don’t forget: Call in sick. I have a good show on tap if I say so myself. I talk really fast so eat your Wheaties if you plan on keeping up.

Blaine Tarr
10-03-2013,
I've alerted my readers about the potential upside movement in Zalicus Inc (NASDAQ:ZLCS) shares yesterday and today to all my twitter followers at $1.08. The stock has come up to my expectations as it was among the top gainers of Nasdaq and closed up 15.74 percent at $1.25 trading more than 8.7 Million shares, well above its average volume. These gains are really significant and represent substantial profit for not only my twitter followers and subscribers but also any other investors who took advantage of my alert early, before the market caught on. If you are on board there is nothing more to do but enjoy the ride ;-) ..... A quick look at the technical chart :

1) ZLCS is currently moving up with heavy volume
2) MACD lines are going up
3) RSI still above the neutral 50 level at 72, buyers strength still persists.
4) Money Flow-Index still climbing.
5) The +DI crossed up through the -DI this month - Bullish.
6) %K line has crossed on top over %D line
7) OBV still climbing.
The accumulation/distribution indicator shows the stock under strong accumulation

The strong accumulation over the past days has shown funds moving into the company and moved share prices upward. Keep watching the stock this week since anticipated increased volume tomorrow that could push shares much higher. Don't miss this opportunity research the stock now !

Blaine Tarr
10-03-2013,
Thumbs up Cigna (CI) - Quick Takes Pro Chart of the Day

March 28, 2012 - Cigna (CI)

Blaine Tarr
10-03-2013,
Random Thoughts

The Ps and Quack stalled a bit but it happens. Sometimes you get a big thrust, a pause, then another thrust higher. The rusty is slight disappointment but its breakout still remains intact.

Most sectors with the notable exceptions of Energies and Metals & Mining remain in solid uptrends.

So, overall, things are still good in trend following land.

So what do we do? I'm seeing a few setups so look to start adding on the long side. As usual though, just make sure you wait for entries and of course, honor your stops just in case. We could see some setups on the short side soon in the energies.

Blaine Tarr
10-03-2013,
Barchart.com's Chart of the Day - Trimble Navigation (TRMB) for Mar 28, 2012

The "Chart of the Day" is Trimble Navigation (TRMB), which showed up on Tuesday's Barchart "All Time High" list. Trimble on Tuesday posted a new all-time high of $55.57 and closed up +1.04%. TrendSpotter has been Long since March 13 at $53.03. In recent news on the stock, Trimble on Feb 2 reported Q4 EPS of 54 cents, above the consensus of 48 cents. Management provided Q1 EPS guidance of 61-63 cents, above the consensus of 58 cents. Piper Jaffray on Jan 9 said the pullback in Trimble was a buying opportunity and reiterated its Overweight rating and target of $57. Trimble Navigation, with a market cap of $6.7 billion, sells applications requiring position or location, including surveying, construction, agriculture, fleet and asset management, public safety and mapping.

Blaine Tarr
10-03-2013,
This thread is designed to focus on a small group of investment and trading research websites or other services offering the best possible information for fund creation. So far, I've tended to use Stockcharts.com, SEC sites, and Fidelity's research as my primary sources, but I will use dozens of others depending upon the type of info I'm looking for. Let's try to create this list as a group and agree on the best choices for investing and for trading.

Blaine Tarr
10-03-2013,
BWLD [NASD]
http://finviz.com/chart.ashx?t=BWLD&ty=c&ta=1&p=d&s=l

Blaine Tarr
10-03-2013,
Jumping in here...

thoughts?

Blaine Tarr
10-03-2013,
March 27, 2012 - Harris (HRS)

Blaine Tarr
10-03-2013,
Random Thoughts

The Ps rallied nicely out of a flag formation. The Quack broke out to decade plus highs, gaining over 1 ?%. Rusty came back with a vengeance. It closed at multi-year highs and is just shy of all-time highs.

If you're new to all this, when a market is making new highs, it's in an uptrend. It's really that simple. I never said trading was easy, it's just not nearly as difficult as most try to make it. Yes, I know the Fourier transform oscillating wave count is at its highest level since 1999. But, I also know that the market made new highs yesterday.

Here's the score for the first quarter (I know, quarter ain't over yet):

Trend Following Morons 1 Smart Dudes 0

So what do we do? Use this opportunity to take partial profits and trail your stops highs. On the next pullback, we'll look at add on once again.