Friday, September 19, 2008

Scans 19 September 2008

Hi everyone

Well, who would have thought that after a week of turmoil on the world stock markets I'd get buy signals on 5 stocks and a short sell on only 1!

Anyway, got a short signal on ABC which I'll take because the materials sector is below its 30WMA.

Long signals on WDC QBE and CPA which are the in the financial sector which is still below its 30WMA (only just though), so won't be buyng those.

Long signals on WAN but won't take it because the consumer discretionary sector is below its 30WMA.


Long signal for TCL but industrial sector below 30WMA so will ignore that stock also.

Gotta move stops on DUE, RIO, TPI and TSO.


Sharon

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