02-04 per Shadow7

Lower the hammer?  "I think the hammer comes down tomorrow."

Gettimg close to T-Theory pivot point: http://ttheory.typepad.com/.a/6a00d83455c65c69e20148c82229b8970c-pi

GL traders.  Do your own DD

NIKE, MSB, MGA 02-03

Looks like it may be good for a trade:

MSB potential buy:

MGA - need to wait for this one:

Do your own DD.  GL traders.

2 to watch for a potential short

Here are a couple that may be short candidates next week.  Do your own analysis please.

Don't anticipate - wait for signals.  GL traders.

Update:  VASC issuing buy signals....  Do your own analysis.

02-03 update GRM

Has reached a 6 month cycle top, just as two short cycles bottom.  This limits downside potential at this time, co even though CCI issuing SELL not an ideal short situation IMO.

GL traders - do your own DD.

update CREE 2-1

It has been a while since we have looked at CREE.  Last time it was upper 60s.  I was not positive on it at that time.  It has since had a sell off and is testing 50 (I waited a few days after it plunged to get a better read on it).  It now looks like a better prospect to buy.  Here are the charts:

Be sure to do your own research and analysis.  GL traders.

02-03  CREE has moved up about 4%  much as expected.

Short candidate update

I had posted ITG might be a short candidate  a week or so ago.  Even though it looks like ITG is ready to issue sell signals I have reviewed it and do not feel it will make a good short candidate at this time.  Here is the chart with annotations showing why:

GL traders

1-30  Update - ITG should be at a point to considered for a short within a couple of days as the 45td cycle and 90 day cycle top together.  Here are charts:

GL traders.  Do your own analysis

02-03  ITG had the expected sell down today.

comments and 02-03 outlook

Did not get the expected sell off in the afternoon.  Not a great call.  Adjusted middle cycle length some.  Looks like we get a down day tomorrow....  We will see.

Here is the chart:

GL traders.  Do you own analysis.  Keep in mind shorter cycles may be over powered by longer cycles (see outlook for the week).

Comments and outlook for 02-02

Okay, pushed higher than I thought it would,  Sold QID Monday AM as I indicated I intended to do.  Bought back QID trading shares today at $10.65 and was down at the close.  Should be able to sell sometime in the next 2 days profitably.  Also, unloaded some other stocks I had been holding for a while.  So I now hold a lot of cash (80%)   and short positions.  I need to find a long position to have more balance.

Took a look at the shorter cycles.  If right we push a little higher in the morning and top before noon as 2 cycles top together and pull back in the afternoon.  Here is the chart I viewed:

GL traders.  Do your own analysis please - do not act solely on my opinion - that is a good way to lose $s.