Tuesday, March 16th, 2010

As we get closer to launching, I’ve been getting some questions about using limit orders with the Power Dip. The system was configured to be an end-of-day system, meaning the signals are given in the evening and acted on the next morning. I’ve never personally traded the system using limit orders. However, for traders who [...]

I’ve taken a screen shot of the new Power Dip premium service.
Below are today’s picks.
There were no sell signals for today.

While I am not looking forward to selling three positions into the gap-down, that is what must be done. I can, however, look forward to this being the last Friday that I will ever have to manually update readers on the Power Dip positions.
On the open, the system will sell KKR Financial Holdings LLC (KFN: [...]

The model portfolio is full, but the following are the system picks for Wednesday’s open:
China Yuchai International Limited (CYD: 15.51 -0.26%)
Sears Holdings Corporation (SHLD: 105.22 +1.11%)
OM Group, Inc. (OMG: 35.09 +1.18%)
Smithfield Foods, Inc. (SFD: 18.53 +0.60%)
(RJA: 7.35 +1.38%)
Have a great Thanksgiving!

On the open the system will be selling MasterCard Incorporated (MA: 249.34 -0.30%) and Aetna Inc. (AET: 31.95 +1.04%) .
This will leave room for two more positions in the model portfolio. TD Ameritrade Holding Corp. (AMTD: 18.80 0.00%) and Valeant Pharmaceuticals International (VRX: 39.86 +1.42%) will be purchased.
The system is long Hanesbrands [...]

And the signals keep on coming…
Here are Monday’s picks, ranked with our aggressive method:
Seagate Technology (STX: 19.13 +1.86%)
(NETC: 13.37 +0.68%)
Western Digital Corp. (WDC: 38.58 +0.86%)
Aetna Inc. (AET: 31.95 +1.04%)
Jarden Corporation (JAH: 34.32 -0.15%)
(LIFE: 53.42 +0.55%)
Mattel, Inc. (MAT: 23.14 +0.87%)
DPL Inc. (DPL: 27.63 +0.44%)
Allergan, Inc. (AGN: [...]

Finally, some weakness, and the system was barely invested going into it…That’s a good start.
Below are the 10 signals. They are ranked using a hybrid between an aggressive and conservative ranking. However, there was not a lot of difference in some of the metrics and so this iteration does not differ very greatly from the [...]