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Trade Ideas: data only

The Trade Ideas scan picked up the pace a little on its recent form; a "Top-8" pick list was selected in a more reasonable 28 minutes and five stocks qualified for the "20-appearance" list. This is still a long way from bullish behavior, but it is perhaps the best form the markets have shown over the last couple of weeks. If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial. If you are interested in knowing what I do with the "Top-8" and "20-appearance" data I have prepared a report here . Trade Ideas

Collective2: AMSC and UVE out

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Although I liked recent market lows as a buying opportunity, it has proven hard to stay in a position without allowing for the level of volatility present in the markets. Both of the stocks exited may be worth a second look over the coming weeks, but both are no longer part of the portfolio - leaving it 15% equity and 85% cash, down from 33% equity. American Superconductor Corp ( AMSC ) finished with a low volume bullish doji - but intraday lows were enough to exit the 500 share position for a painful -$975 ( -9.22% ) loss: Universal Insurance Holdings ( UVE ) reversed the mini-breakout, bringing the stock back to triangle support. I had ran a tighter stop than the one from my newsletter, closing the 1,400 share position for a -$434 loss ( -5.05% ): Collective2

Have we a bottom?

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The Kirk Report has a good link fest of negative outlook on the market. One of his links is to Doug Kass at TheStreet.com , who suggests a cumulative decline of 25% should not be seen as surprising, or impossible (this would put the S&P at 1,166). My measure of intraday buying as measured by my Trade Ideas scan would seem to support a theory for further weakness. In my historical look at the rate of intraday buying from what I term the "Top-8" stocks, rallies from major reaction lows are supported by broad intraday buying - especially into the close of business - giving a "Top-8" list of stocks which is selected well inside 10 minutes, and often in a minute or less. Although the sample is restricted to only one major reaction low (July of last year) there is reason to suggest the very weak buying for the rally from last Thursday's lows is not what bottoms are made of and new lows are necessary to 'reset' the count. Indeed, the strength of buying

Trade Ideas: HPB, CFSG, MNA, TTG vs zip!

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The intraday buying as represented by my Trade Ideas scan has been dire for almost two weeks now. Today's was no exception; a "Top-8" list done in 4 hours ! And no picks for the "20-appearance" list: If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial. If you are interested in knowing what I do with the "Top-8" and "20-appearance" data I have prepared a report here . Trade Ideas

Two new KIVA loans

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Two new loans made possible by early repayments from KIVA borrowers. KIVA

Trade Ideas: BCA, AXTI, CMED, AXTI vs TMB, ITW, JRJC

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This was a 3 pm call. The markets gapped up at the open and held these levels throughout the day (at least up to 3 pm). The "Top-8" list covered a time span of 58 minutes - not great, but certainly better than recent days; the "20-appearance" list featured three stocks: If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial. If you are interested in knowing what I do with the "Top-8" and "20-appearance" data I have prepared a report here . Trade Ideas

Collective2: ABAT out

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Advanced Battery ( ABAT ) clipped its protective stop as the stock made a positive test at 50-day MA support - but confirmed a loss of its earlier break of $2.96. The 2,000 share position closed for a +$180 ( +3.3% ) profit: Collective2

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