Monday, August 9, 2010

Monday, Monday

I thought I'd pick up a little SKX (f c) at a recent low. It dipped and triggered my buy order ... then just kept going down ... -8.8% for the day. Sigh. No news on why yet.

Alerts: (16) alerts on the reversal script and two on the t2 script. LCRD has a strong reversal pattern here - too bad their number are so bad I can't envision a winning play here. COCO is showing its 5th reversal signal. Most decent stocks take off on their 2nd or 3rd try. But the smart money so far has been short COCO. The other charts are too ragged to consider.

14 of 18 stocks in the value-sales portfolio were gainers today.

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