Posted on March 9, 2010 @ 7:12 pm - Written by BawldGuy
Ran outa time today, and everyone, including me has been having ‘puter problems. Mine began with, of all things, hinges on the laptop. Seems they’re similar to us, you know, backbone connected to the neck bone and all that. Dave Shafer’s havin’ his ‘puter problems too, but he’s takin’ care of it and should be back in the saddle quickly. Max Whitmore is a whole ‘nother story. Apparently he’s so special, the manufacturer must make his new machine with a few 007 gadgets added to the hardware. I knew his stuff was complex, but it seems a couple of his apps require custom-built touches. Who knew? Also, after plowin’ through a few IT guys, he was booted to the engineer types who figured out what was corrupting his old machine.
Allow me to give you a real life almost real time example of Murphy’s Law. As I’ve written here before, Max Whitmore, Tom Vanderwell, and me have been workin’ with the technical guy (GeekDude) to create a subscription site for our more in-depth work. It was ‘posed to be up and running by around the first of the year. It’s been one thing after another — not to mention all three guys are in different states, different generations, (42, 73, 58) and with different technical skill levels. Read the rest of this entry »
Posted on February 25, 2010 @ 7:32 pm - Written by Max Whitmore
BawldGuy here: Both Max Max & I are both having computer issues. Thanks for your patience.
2-25-10
CURRENT BUY – 100% of stock allocation $$$
KEYLINE 7-25-09 BUY 50% allocation only (S&P @ 970)
SIGNAL 10-9-09 BUY balance of 50% (S&P @ 1071)
1-25-10 SPECIAL INSTRUCTIONS ALL SUBSCRIBERS:
Establish stops on volatile stocks 12% below highest high last six months.
Use 25% stop for “Steady Eddie” stocks. Check each day to see if any close
below stop. If so, execute that exit the next day, at the open. These
instructions hold until we close above S&P 1160 (if we do).
THE BOTTOM LINE
I am writing this on a crippled compute and, I am told, it may be 5-8 trading days before I can get delivery of a new backup unit. Be that as it may, I will do my best in trying to put on paper (electronic, of course) the events of this week, hoping to give you at least a summary of what I see happening here. Read the rest of this entry »
Posted on February 22, 2010 @ 2:14 pm - Written by Max Whitmore
2-22-10
CURRENT BUY – 100% of portfolio stock allocation $$$
KEYLINE 7-25-09 BUY 50% allocation only (S&P @ 970)
SIGNAL 10-9-09 BUY balance of 50% (S&P @ 1071)
1-25-10 SPECIAL INSTRUCTIONS ALL SUBSCRIBERS:
Establish stops on volatile stocks 12% below highest high last six months.
Use 20% stop for “steady eddie” stocks. Check each day to see if close
below stops. If so, execute that exit the next day at the open. These
instructions hold until we close above S&P 1160 (if we do).
Beginning this issue, I will have a section at the start of each Weekly Keyline Report that sifts through the Dow 30 stocks and some randomly selected Top 5 Sector stocks to identify stocks that are in what I call a candidate position for addition to your portfolio. These candidates represent stocks that are (1) ABOVE their individual Keyline price, and (2) below their MOMENTUM SECTION green line (fast sto) 68 level. Read the rest of this entry »
Posted on February 19, 2010 @ 11:00 am - Written by Max Whitmore
2-19-10
CURRENT BUY – 100% of stock allocation $$$
KEYLINE 7-25-09 BUY 50% allocation only (S&P @ 970)
SIGNAL 10-9-09 BUY balance of 50% (S&P @ 1071)
1-25-10 SPECIAL INSTRUCTIONS ALL SUBSCRIBERS:
Establish stops on volatile stocks 12% below highest high last six months.
Use 25% stop for “Steady Eddie” stocks. Check each day to see if any close
below stop. If so, execute that exit the next day, at the open. These
instructions hold until we close above S&P 1160 (if we do). Read the rest of this entry »
Posted on February 18, 2010 @ 4:31 pm - Written by Max Whitmore
2-18-10
CURRENT BUY – 100% of stock allocation $$$
KEYLINE 7-25-09 BUY 50% allocation only (S&P @ 970)
SIGNAL 10-9-09 BUY balance of 50% (S&P @ 1071)
1-25-10 SPECIAL INSTRUCTIONS ALL SUBSCRIBERS:
Establish stops on volatile stocks 12% below highest high last six months.
Use 25% stop for “Steady Eddie” stocks. Check each day to see if any close
below stop. If so, execute that exit the next day, at the open. These
instructions hold until we close above S&P 1160 (if we do).
THE BOTTOM LINE
I wish I could be really happy that we are above the S&P 1100 mark today. But, I am only happy in a very reserved way. Why? I looked at the volume today and yesterday and did not see good news. On days where the Dow and S&P advance you like to see exuberance on the part of investors. Neither day showed that. You can read in the volume numbers. Both days were advances on volume that is quite a bit lower than we are seeing on days where we are seeing the indices fall. Read the rest of this entry »
Posted on February 16, 2010 @ 7:08 am - Written by Max Whitmore
2-16-10
CURRENT BUY – 100% of stock allocation $$$
KEYLINE 7-25-09 BUY 50% allocation only (S&P @ 970)
SIGNAL 10-9-09 BUY balance of 50% (S&P @ 1071)
1-25-10 SPECIAL INSTRUCTIONS ALL SUBSCRIBERS:
Establish stops on volatile stocks 12% below highest high last six months.
Use 25% stop for “Steady Eddie” stocks. Check each day to see if any close
below stop. If so, execute that exit the next day, at the open. These
instructions hold until we close above S&P 1160 (if we do).
THE BOTTOM LINE
Was a nice rally today, but it is still a long way from getting us out of the woods, as my charts see it. Just to get the possibility of renewing the rally started almost a year ago we need to close and hold above the S&P 1100 level for 3-4 days. Then, we need to see volume pick up as the S&P and Dow rally. Low volume on a rising market is very bad news. It is even worse when volume increases on days when we are down in the S&P and Dow. It indicates that the Big Guys are selling into strength. So, as I see it we still have a lot of work ahead of us. Read the rest of this entry »
Posted on February 15, 2010 @ 4:37 pm - Written by Max Whitmore
2-12-10
CURRENT BUY – 100% of portfolio stock allocation $$$
KEYLINE 7-25-09 BUY 50% allocation only (S&P @ 970)
SIGNAL 10-9-09 BUY balance of 50% (S&P @ 1071)
1-25-10 SPECIAL INSTRUCTIONS ALL SUBSCRIBERS:
Establish stops on volatile stocks 12% below highest high last six months.
Use 20% stop for “steady eddie” stocks. Check each day to see if close
below stops. If so, execute that exit the next day at the open. These
instructions hold until we close above S&P 1160 (if we do).
Last week, the rubber hit the road, as they say. I was, as you will recall from the 2-5-10 Weekly Keyline Report, looking at a possible break to the downside in the S&P. The last three weeks have clearly been ones that suggested that this might be the outcome. Well, it did not come to pass, as you know without me telling you. But, what has come to pass is the possibility that the Keyline might hold. Now, don’t take that as a final reading on my Keyline Chart below, but do take these conditions into account, as you study it. Read the rest of this entry »
Posted on February 13, 2010 @ 9:58 am - Written by Max Whitmore
BawldGuy Note: Max has been a little under the weather this week, which is why this update is being posted now, instead of yesterday. Be well, Max.
2-12-10
CURRENT BUY – 100% of stock allocation $$$
KEYLINE 7-25-09 BUY 50% allocation only (S&P @ 970)
SIGNAL 10-9-09 BUY balance of 50% (S&P @ 1071)
1-25-10 SPECIAL INSTRUCTIONS ALL SUBSCRIBERS:
Establish stops on volatile stocks 12% below highest high last six months.
Use 25% stop for “Steady Eddie” stocks. Check each day to see if any close
below stop. If so, execute that exit the next day, at the open. These
instructions hold until we close above S&P 1160 (if we do). Read the rest of this entry »