Weekly Watch List

DDD (10/28/12, +0.00%)
TDG (9/9/12, -5.64%)
PII (9/23/12, +2.55%)
TFM (9/23/12, -2.40%)
VAL (7/01/12, +4.71%)
PNRA (9/23/12, -0.36%)
MA (10/14/12, -4.31%)
JAH (9/9/12, -1.65%)
EBAY (10/7/12, +1.60%)

Additions:
DDD (10/28/12, +0.00%)

Subtractions:
AAPL (4/29/12, +0.17%)

Last week, all the major U.S. indexes ended lower. The Dow lost 1.8%, the NYSE composite slumped 1.6%%, the S&P 500 gave up 1.5%, and the NASDAQ ticked down 0.6%. The IBD outlook remains at “market in correction”. All the indexes have broken down below their 50 day lines and the NASDAQ is now testing its 200 day line. Except for the outcome of the election, it’s hard to believe that all the currently known knowns aren’t already priced in but, then again, it’s pointless to try and guess what the markets will do. It’s just best to watch from the sidelines for the time being. Besides continuing to wade through the meaty part of a so far disappointing earnings season, the highlight of the coming week will be Friday’s release of October’s employment situation report.

With the market in correction, none of the watch list stocks can be considered as buy candidates.

/as usual, your mileage may vary, always do your own homework

The following stocks currently exhibit potential technical characteristics consistent with historically successful shorting opportunities, emphasis on POTENTIAL:

BIDU
IM
ORLY
UAL

INCORRECTLY SHORTING STOCKS CAN LEAD TO UNLIMITED LOSSES. Proceed at your own risk.

/How to Make Money Selling Stocks Short by William J. O’Neil

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Weekly Watch List

TDG (9/9/12, +1.51%)
PII (9/23/12, +7.90%)
VAL (7/01/12, +9.39%)
JAH (9/9/12, +7.28%)
AAPL (4/29/12, +1.13%)
MA (10/14/12, -0.70%)
PNRA (9/23/12, -4.84%)
TFM (9/23/12, -1.31%)
EBAY (10/7/12, +2.54%)

Additions:
None

Subtractions:
ALGN (9/16/12, -27.58%)
FLT (9/2/12, +9.01%)
XXIA (10/7/12, -10.58%)

Last week, the major U.S. indexes finished mixed. The NYSE composite gained 1.2%%, the S&P 500 added 0.3%, the Dow inched up 0.1%, and the NASDAQ dropped 1.3%. The IBD outlook remains at “market in correction”. Earnings season hasn’t gotten off to a good start. So far, there have been quite a few misses, particularly on the top line, and even the slightest miss or downbeat guidance is being taken out behind the woodshed and brutally beaten down. Right now, the safest place for Bulls to be is headed for the sideline. Until a new uptrend shows itself, keep your powder dry and your watch lists updated.

With the market in correction, none of the watch list stocks can be considered as buy candidates.

/as usual, your mileage may vary, always do your own homework

The following stocks currently exhibit potential technical characteristics consistent with historically successful shorting opportunities, emphasis on POTENTIAL:

BIDU
CERN
CIE
IM
ORLY
PAY
SPN
TPX
TSLA
UAL

INCORRECTLY SHORTING STOCKS CAN LEAD TO UNLIMITED LOSSES. Proceed at your own risk.

/How to Make Money Selling Stocks Short by William J. O’Neil

Weekly Watch List

ALGN (9/16/12, -4.34%)
TDG (9/9/12, +3.93%)
FLT (9/2/12, +5.60%)
JAH (9/9/12, +6.48%)
AAPL (4/29/12, +4.43%)
PII (9/23/12, +1.19%)
VAL (7/01/12, +7.66%)
PNRA (9/23/12, -1.26%)
MA (10/14/12, +0.00%)
XXIA (10/7/12, -1.92%)
TFM (9/23/12, -3.74%)
EBAY (10/7/12, -1.81%)

Additions:
MA (10/14/12, +0.00%)

Subtractions:
CF (9/9/12, -2.07%)
FRAN (9/23/12, -4.63%)
TDC (9/30/12, -1.09%)

Last week, all the major U.S. indexes took a nose dive. The NASDAQ cratered 2.9%, the S&P 500 plunged 2.2%, the Dow dropped 2.1%, and the NYSE composite sank 1.9%. On Tuesday, the IBD outlook slid to “uptrend under pressure” and then rolled over to “market in correction” on Wednesday. Think about taking some profits and raising cash. Don’t let a profit turn into a loss and don’t ever take a loss of more than 7-8% on anything.

With the market in correction, none of the watch list stocks can be considered as buy candidates.

/as usual, your mileage may vary, always do your own homework

The following stocks currently exhibit potential technical characteristics consistent with historically successful shorting opportunities, emphasis on POTENTIAL:

APOL
CHKP
ENDP
FFIV
LRCX
PAY
PCLN
TPX
UAL
URI

INCORRECTLY SHORTING STOCKS CAN LEAD TO UNLIMITED LOSSES. Proceed at your own risk.

/How to Make Money Selling Stocks Short by William J. O’Neil

Weekly Watch List

TDG (9/9/12, +4.56%)
ALGN (9/16/12, -0.21%)
FLT (9/2/12, +5.72%)
FRAN (9/23/12, +2.02%)
AAPL (4/29/12, +8.22%)
VAL (7/01/12, +13.83%)
JAH (9/9/12, +10.03%)
PNRA (9/23/12, -0.41%)
PII (9/23/12, +2.00%)
TFM (9/23/12, +3.32%)
CF (9/9/12, +3.23%)
XXIA (10/7/12, +0.00%)
TDC (9/30/12, +0.34%)
EBAY (10/7/12, +0.00%)

Additions:
EBAY (10/7/12, +0.00%)
XXIA (10/7/12, +0.00%)

Subtractions:
ALXN (7/24/11, +100.32%)
ROST (9/9/12, -2.98%)
TJX (3/25/12, +17.53%)

Last week, all the major U.S. indexes gained ground. The NYSE composite jumped 1.6%, the S&P 500 added 1.4%, the Dow tacked on 1.3%, and the NASDAQ inched up 0.6%. The IBD outlook remains at “confirmed uptrend”. Even though the U.S. markets moved up for the week, all the indexes added another distribution day to already somewhat elevated levels, so proceed with appropriate caution. This week, Alcoa kicks off another earnings season after the close Tuesday. Between earnings, the upcoming U.S. elections, and more inevitable international drama, there’ll be plenty of potential near term catalysts for the markets to digest and react to.

This week five of the watch list stocks are at or near proper buy points. JAH, trading at $55.49, broke out of a three weeks tight pattern and is still within 5% of a $54.36 buy point. PNRA, trading at $169.39, is still within 5% of a $164.10 buy point, off of a 1st stage cup with handle base. CF, trading at $221.92, is still in buy range up to $229.16, after finding support at its ten week line. XXIA, trading at $16.64, broke out of a 2nd stage flat base and is still within 5% of a $16.50 buy point. TDC, trading at $75.67, is still within 5% of a $73.84 buy point, off of a 2nd stage double bottom base.

/as usual, your mileage may vary, always do your own homework