Sunday, December 02, 2007

Major Buy Signal

Going very long here, actually started building long trading positions late last week, based on proprietary technical analysis. The beauty of this Buy signal is that if the market fails to confirm it in the next few days, it will flip to a Sell signal that has historically been very profitable. Either way, there is muchos de dinero to be made.

The obvious questions in your minds is what does one buy to take advantage of this expected upswing? Again, using proprietary technical analysis, the following symbols have or are on the verge of triggering important Buys:

AAPL, DSX, DIA, GOOG, QQQQ, SIGM, SMH, & SPY;

Here are some new symbols from an unnamed source that picks stocks are pure fundamentals and has one of the best track records in Hulbert going back 20 years:

DLB, FSTR, SIGM, SXE, TISI;

And finally, some of the lower priced, small cap picks that have been mentioned here should do well in any meaningful end-of-year rally. Among this group:

CYTR, VLNC, TGB;

These are not recommendations in the sense I think you should buy them now and will tell you when to get out, nor should you expect a blog if and when the buy signal fails and a sell signal is triggered. That information would normally appear in my premium service, except I don't have a premium service.

All I do have are a lot of good ideas, or at least, they seem like good ideas at the time.

Well, I'm running down the road
tryin' to loosen my load
I've got seven women on
my mind,
Four that wanna own me,
Two that wanna stone me,
One says she's a friend of mine.


A

14 comments:

Anonymous said...

Allan,I have been trading in the intermediate time frame and find this post very helpful.I will put some of these stocks on my watch list.Thanks for sharing.
Ron

Anonymous said...

Allan:

Thanks again, informed and insightful.

We (your readers) assume your proprietary system has a name? Might it start with "Xyb..."?
Or am I being too presumptuous?


Here in Greece we are quite long the markets as well but in a different manner.

You DO have a premium service!

The hedging fund you've been teasing us all with, but providing few details on......

Leonidas
Southern Greece

A said...

Leonidas, No, you guess although admirable, is way off. But for you effort here is a freebie;

MYE is being bought for $22.50 this month. You can buy it right now, as I type, for $19.89. You do the math. Here is a link, I'm not making this up:

http://biz.yahoo.com/ap/071130/myers_industries_m_a.html?.v=1

A

Anonymous said...

Bought 4500 shares @ 19.730 USD/share

Done!


Leonidas
Southern Greece

Anonymous said...

Allan:

I should say we are "back in business on Myers Industries."

Your wife's maiden name wouldn't be "Soros" would it? That may explain some of this excellence.

Here in Greece we have a battle decree:

"Come back with your shield... or ON it."

I now say:

"Come back with your shield, or On it, OR with a recommendation from Allan Harris."

How does that sound to you?


Leonidas
Southern Greece

A said...

Nice job, L. Now nicely profitable (MYE at 20.25 at this moment), I remind you that you are on your own for your exit.

A

Anonymous said...

I understand, no retreat, no surrender,no mercy, no prisoners.

We are all doing what we were trained to do, what we were bred to do, what we were born to do.

We will exit when the time is right- and post it here for all to vision.

Leonidas
Southern Greece.

Anonymous said...

Dear Mr. Harris:

Do you think we could cut down on some of these song lyrics from God-knows-when?

The 60's were a long time ago and best left un-relived.

Why not conclude your picks with something from the 80's? Say, vintage Debbie Gibson. I LIKE "The Debster!"

Go Stanford Football!

Anonymous said...

Allan,

Why not name the source of DLB, FSTR, SIGM, SXE, TISI ?

A said...

Why not name the source of DLB, FSTR, SIGM, SXE, TISI ?

I don't want to get sued for copyright infringement.

Anonymous said...

Just to let you folks know, still holding MYE, up to 20.440 up from 19.730 in less than one day. 4,500 shares.

Another winner from Allan.

Leonidas
Southern Greece

Anonymous said...

MYE now at 20.64, still holding.

THANKS ALLAN!

Leonidas
Southern Greece

A said...

Leonidas,

You are quite welcome, my friend.

Hope you benefited from today's ideas as well.

A

Anonymous said...

Hi A:

Capitulated to the long side this morning.

woowhoo on THPW today.

Best
G