Choppy Ride for a "Good" Week

VectorVest is advising caution because while their index was up, the improvement was very meager and volatile.

I spent the week trying to set up good long positions in BIDU, CSCO, VECO, and ANR. When BIDU dropped, I was at one point able to sell my losing position at cost (intrinsic value was half my cost) and buy a lower spread with better pricing and potential. I also tried to get into LGL but that one got away.

Reversal alerts for the week were sparse - only 7 for the whole week for 2 chart scanners. Of those, only LGL and ISTA were of interest.


Finally, the value-sales port.