Technical Analysis of Stock Trends

ABT. ???

Posted on Mar 16, 2010 by WHC Bassetti.

A reader aptly noted that our ABT chart was not accurate.  We spent some time trying to reconstruct what we had done originally — then did what good engineers do when they have a snarl on their hands.  We threw it out and started over.  Here is ABT with a stop of 50.03 and hopefully an accurate Basing Point.  As for ABT it is sideways mule trend and there is no buy or sell signal.

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Grab bag. HPQ MO ABT SVU JHJ MDT MSFT TEX XLF KBE UNH VLO WAG

Posted on Mar 08, 2010 by WHC Bassetti.

Often what you don’t buy is as important — or more important– than what you do buy.

Here is a long list of issues we wouldn’t buy right now:

HPQ MO ABT SVU JHJ MDT MSFT TEX XLF KBE UNH VLO WAG

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JNJ, T, ABT, UTX, FAST, MSFT, IBM, ORCL, CVX, XOM, SPN, CHRW, ETC ETC

Posted on Jan 15, 2010 by WHC Bassetti.

Of late in the “media” talking heads and pundits have been touting stocks and so we thought we’d take a look at the stocks to see what the stock touts were sucking the unwary into.  As our readers know we are always chary of handicapping stocks.  If we’re going to handicap them we want to see evidence of the possibility of undeserved and obscene returns.  This is in contradistinction to our philosophy and practice of investing in  the ETFs and indices and taking what they give us.

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