Posted on Tuesday, 21st October 2008 by Steve Warshaw

Today was a perfect example of taking advantage of a counter trend rally as a perfect entry point for a trade with the trend
Yesterday, MON was up almost 9%, however, during the recent counter trend rally, all up days have been on much lower volume the down days. Yesterday’s rise left the downward trend line [...]

Tags: mon, monsato, pick, short, stock, update
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Posted on Monday, 20th October 2008 by Steve Warshaw

S&P 500 Trend:
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
Based on a pre-defined weighted trend [...]

Tags: forecast, market, sector, stock, stock market, stock sector, Technical Analysis
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Posted on Friday, 10th October 2008 by Steve Warshaw

On July 29th, 2008, I recommended MDU short at $31.26.
With today’s close at $18.60, and the overall markets reaching levels of support, I’m recommending this trade be closed for a net profit of $12.66 or 40%!

Tags: alert, mdu, pick, profit, short, stock
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