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Weekend review from Fallondpicks.com

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Further indecision as markets closed on a series of dojis/spinning tops. The NASDAQ and NASDAQ 100 closed the week on bearish engulfing patterns; the NASDAQ 100 doing so on higher volume. There was very little conviction from bulls to push their early advantage. The only significant change came with the relative performance of small caps [ Russell 2000 ] over the tech averages {Large caps > Small caps > Tech indices} , an improving picture for bulls, but with the volume to support it, it will probably not amount to much. The 20-day MAs of some of the markets have dropped below the 50-day MAs and are likely upside tests for the bulls. Tech market internals [ $NASI , $NAA50 and $BPCOMPQ ] were little changed and sit in neutral territory. For the Ticker Sense Blogger Sentiment Poll I have switched bearish as I look to the recent rally to falter. Fallond

New KIVA loan

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After Salima Said repaid her loan I have allocated her monies to Adam Gbologan. KIVA

Stockcharts.com Weekly review

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The "Dead-Cat-Bounce" is close to completion. What did the Stockcharters have to say about last week? First impressions - most have adopted a wait-and-see approach with little in the way of new updates. I have highlighted some of the changes and additions to the following lists: Joe Reed opened up with some general comments: He has an interesting chart for the S&P showing the bounce from retracement - the market is looking good for a move down to the 50% and/or 61.8% level. And has a similar chart for the Dow - again, watch Fibonacci levels: Ted Burge opened with this: Mar 9, 2007! Resistance until proven otherwise! Net 7 buy signals Friday in the USA, but increasing demand to X's. Reversals to X's are NOT the same as BUY but if it continues we will see the evidence in the nightly report on my site. Rally means from support to resistance! New support is a 'run'. It is all at www.tic-tac-dough.com And included comments from contributor, Todd: March 9th!

Trade Ideas: FCH, KMT, NWY, CAH, PAC, DLB, NUE, PEG

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Bulls were looking good unti the Big Boys returned from their lunch and pushed the markets down. The Trade Ideas scan was keeping pace with recent buying, namely okay but not spectacular; 8 picks covered a time span of 24 minutes (holding to the "dead-cat-bounce" thesis) with the 20-appearance list covering a time span of 2 hours and 36 minutes : If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial. Trade Ideas

Trade Ideas: LGF, COG, PKD, OMI, CSU, POT, MRO, XES

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A little late with the update. Bulls ran out of steam by the days end, handing the initiative back to bears - how will they act? The Trade Ideas scan took 47 minutes to select 8 different stocks, with the 20-appearance list covering a time span of 2 hours 10 minutes . Buying was few and far between. If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial. Trade Ideas

Trade Ideas: WMK, FUN, BEP, LNT, DCX, MTX, CEG, VAS

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Bulls kicked off what looks to be a more substantial bounce on relatively strong buying activity; the Trade Ideas scan top 8 picks covered a time span of 20 minutes , so caution remains a concern; but the 8 stocks listed for today (which featured over 20 times on the scan), covered a time span of 35 minutes - representing significanltly stronger buying in this regard. If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial. Trade Ideas

Trade Ideas: BAM

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Given the pre-market jitters from Asia and Europe it has been a relatively 'okay' day for the markets, with the possible exception of small caps. The Trade Ideas scan has been slow and required 91 minutes to come up with 8 stocks with only one pick, Brookfield Asset Management ( BAM ) breaking the 20 appearance barrier. Expect this weak behavior to continue. If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial. Trade Ideas

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