Thursday, February 01, 2007

Newsletter picks

I have switched bullish on the Ticker Sense Blogger Sentiment Poll for the next 30-days, based on the breakouts in the Russell 2000, S&P and Dow. I remain bearish over a longer time frame (> 3 months) given the weak market internals - but it is these same internals which have retreated far enough back that a new rally could kick off from here and last 1-2 months.

Some of my newsletter picks, both subscriber [$] and free picks had decent enough days to suggest that bears are still fighting the tape. The chart text boxes with either: "Breakout" = Free Pick / "Subscriber Pick" = Paid-for pick, reflect the time of the feature. Here are a sample of some of the moves: