All Posts

• Power Dip Monday Update November 02, 2009

  Included below is the spreadsheet with October’s trades. Note the carnage.

  Out of a universe of 2,376 stocks, there are currently 183 eligible stocks, which means if any of the 183 gave an entry signal, they would be ranked and added to the Power Dip portfolio.

  Two weeks ago, there were 1,343 eligible stocks, out of a universe of 2184.

  If the market continues to weaken, the Power Dip may very well turn itself off. The system has already begun and may continue to curtail the amount of trades it makes.

  On Friday, Forest Oil Corporation (FST: 19.85 +1.28%) and (DENN: 2.23 +1.36%) both were stopped out. The system is long 4 positions.

  On Monday’s open, the system will be purchasing The Kroger Co. (KR: 23.06 -0.30%) ]. It is the only pick for Monday (see info above about the system curtailing its trades).

  [IMAGE][IMAGE]

  [IMAGE] [IMAGE] [IMAGE]

  Related Stocks:  DENN, FST