Posted by 30 June 2004

Great Companies, Great Charts

Andy Dunn was nice enough to send me a copy of his new book, Great Companies, Great Charts, to review. In the book Andy explains the trading system he developed after his portfolio took a beating during the recent bear market. His system, which has some similarities to CANSLIM, is very simple — buy great [...]

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Posted by 30 June 2004

Watchlist for June 30, 2004

Here’s today’s list, for what it’s worth. I won’t even set my alerts until after the Fed decision this afternoon… and maybe not at all. Currently holding:

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Posted by 29 June 2004

Back to Cash Again

So much for that holding through the Fed plan. I got stopped out of some positions early on today and hung in to the last two positions for the rest of the day. With the market hanging tough and the Fed looming I decided to just get out (back to the original plan) of those [...]

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Posted by 29 June 2004

Watchlist for June 29, 2004

Once again there are only shorts on the list. Most of these have bounced near their middle Bollinger Band and started making bearish candlesticks (shooting stars, bearish engulfing, doji, spinning tops) in that area. I may change my mind about holding positions through the Fed decision tomorrow. If I can get a bit more of [...]

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Posted by 29 June 2004

Carnival of the Capitalists Swings Through Sweden

Be sure to check out this week’s Carnival of the Capitalists which is being hosted by Martin ‘Egoist’ Lindeskog over in Sweden. In response to my moving averages post Martin asked for my take on Michael Covel’s trend-following method. Well I’m ashamed to say that I’m not familiar with Covel’s work, but that will change [...]

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