Friday, January 29, 2010

Portfolio Update

CPLP had a bullish day on better than average volume. The Stochastic and MACD indicators are still pointing down but are starting to slow down. There may be a rally coming earlier than expected.

EVEP had a bearish day on less than average volume. The Stochastic and MACD indicators are still pointing up but are starting to slow down. There is still the possibility of continuing to go up, but it could also pull back a little bit.

SLV had a bearish day on slightly greater than average volume. The close, however, was actually higher than the open. The Stochastic and MACD indicators are still pointing down but the MACD is starting to turn up. This might be the beginning of the turn as it is at levels that it bounced up from back in September and October.

As for my paper trades, ISPH had a slightly bearish day on much less than average volume. It appears to be only moving sideways at this time. The Stochastic and MACD indicators are still pointing down, but the MACD is starting to slow even more and may turn upward very soon.

My other paper trades that I got into yesterday are also doing poorly. AEA, JPM, and S all took a slight hit but OPWV was unchanged. AEA and S has actually dropped a lot more than expected so I will be dropping them from my paper trade list. That is my opinion, you can take it or leave it.

Disclaimer: See bottom of page. http://investorsopinion.blogspot.com

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