Monday, April 26, 2010
RedDirtUpdate
The $SPX chart is showing some bearish divergence in the StochRSI as well as weakness in moneyflow. With 62.8% fibo retracement setting at 1227 we may finally be looking to a tradable pullback.
Gary from Between the Hedges blog has once again let us know some of his long positions. CLICK HERE
Bill Dirlam from DecisionMoose sticks with IWM for another week.
Over the weekend I purchased my membership to the AAII website. The reason for this was to gain access to their stock screens.The Oberweis Octagon scan has been hot lately. But the scan results I really wanted to see was the Piotroski. Some of the others also caught my interest such as the Motley Fools "Foolish SmallCap 8 revised" scan. I also continue to use my own scans for stock finds. My GarpScan and my ten-bagger scan continue to work well.
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