110399 ] 110999 ] 111299 ] [ 120299 ] 120899 ] 011100 ] 013000 ] 022700 ] 030300 ] 030800 ] 030701 ]

Home
Up

Co-brand Partnerships

award-5.gif (6517 bytes)

topsite.gif (1668 bytes)

webfifty.gif (6027 bytes)


 
drop_center.gif (2753 bytes)


wpe1.jpg (2095 bytes)


FREE EMAIL
Email Login
Password
New Users Sign Up!
 
MAILING LIST
Sign up for our weekly e-mail newsletter!
Tell Me More!

Enter your e-mail address
subscribe
unsubscribe
NEWS SEARCH
WEB DIRECTORY
WEB SEARCH
 CITY GUIDES
search by:
 WEATHER

Current Weather
Enter Your City, State, or Zipcode:

   

MASTERING
THE TRADE

ORIGINAL, INTERACTIVE SEMINAR ON TRADING USING
TECHNICAL ANALYSIS
 

 
EARNINGS ESTIMATES

Enter Symbol

U.S. QUOTES

Enter Symbol:

U.S. CHARTS

Enter Symbol:

TECHNICAL OPINION

Enter Symbol:

CANADIAN CHARTS

Enter Symbol


 SEC FILINGS

Search For:
 

Company Name
Ticker Symbol

 BROKER RESEARCH
Exclusive Broker

Research
Enter Ticker

 

 

Reality Check Charts
a weekly feature

 Chart Commentary by
Mitch Harris of the Reality Check newsletter

Chart Archives
12/02/99: Dell Computer (DELL), Bethlehem Steel (BS)
We have several new trading suggestions that we’d like to pass along.

DELL Computer (DELL) was added to our short sale recommendations yesterday at 43 1/2. The stock has virtually missed the latest tech rally, has one of the heaviest levels of insider selling that we have seen, and a P/E Ratio of 64 as computers are becoming more and more of a commodity type business.

Technically, it has been making lower highs and just reversed down on its Point & Figure chart after breaking out above two previous highs "below" 45. This immediate reversal after what is known as a "triple top breakout" is known as a "bull trap" and indicates a move at least below its last low, which would bring it below 40 at a minimum. It also gave a "relative strength" sell signal in May, according to Chartcraft’s November P&F chart book.

Stochastics and the Rate of Change Indicators at the bottom of the graph also show shorter term bearish divergence’s, while RSI has been stuck in neutral. We look for a drop to 39 to confirm the bull trap sell signal. We are using 47 � as a stop loss point, limiting the risk to 8.60%.

 

 

We are also adding Bethlehem Steel (BS) to our low priced portfolio, ahead of the potential rebound in many beat up, out of favor stocks as the new year begins (January Affect). This may have recently felt additional tax-loss related selling that may be ending. We think the steel group has been abandoned by investors, but recent US trade sanctions and new rules on steel imports will benefit pricing as well as the stock prices. We also view this as a good

Technically, it has had 2 selling climaxes at 7 or lower and its most recent insider activity was on the buy side. The stock has found strong support on each dip below 6 as it has been building a base between 6 and 7. A close above 7 would be considered very bullish, and the shorter term indicators seem to be confirming this potential, as each show rising bottoms against the actual stock price. These are bullish divergence’s.

 

 

 

              Market Trend Realities (MTR) is a Registered Investment Advisory which manages personal, corporate, Trust, and retirement accounts on a fee only basis. Several low cost, flexible management fee arrangements are available. Investment Advisor, Mitch Harris has studied the Point & Figure Charting Method under the direct supervision of Michael Burke, Editor of the prestigious Investors Intelligence research organization. Management is based on a unique combination of technical analysis methods and tools which include, The Point & Figure charting method, Elliott Wave Analysis & techniques, industry group analysis, cycle analysis, Relative Strength Analysis, Stochastics, and investor sentiment studies. MTR offers a very uniquely structured managed mutual fund program using the RYDEX family of mutual funds, which offer outperformance potential whether equity markets are rising OR falling! Inquiries are welcome by calling us at (513) 421-8737, or by email at: mtr@fuse.net  

               MTR also publishes a monthly investment newsletter called "Reality Check", which offers technical commentary on the stock & bond markets, the Dollar Index, gold & gold stocks (XAU), Treasury yields, utilities, investor sentiment, and Federal Reserve policy. It also offers stock trading recommendations each month with price targets, stop loss points and insider activity. There are 4 trading portfolios, including a short selling account (we are very proud that our short sale recommendations have averaged 12.5% "compounded" during the roaring bull market of the last 5 years). Short term market commentaries are updated on Tuesday and Friday mornings, along with portfolio changes on this web page. They are also emailed for free to anyone who provides us with their email address. The regular subscription rate is $200 (US) per year. A special first time subscriber rate of $139 is available to  viewers. Samples are available upon request. MTR will be happy to send information on any of the above mentioned services. Please email us your home or business address and specify your interest(s).

 

 

 
Search for it at the TulipSearch Open Directory
Investment Bookstore Investment Newsstand Market Mavens Report

TULIPS AND BEARS NETWORK SITES

 

FINANCE
Tulips and Bears
Contrarian Investing.com
Internet Stock Talk
Traders Message Boards
Traders Press Bookstore

NEWS AND INFORMATION
TulipsWeather
Freewarestop.com
TulipsMail
TulipsEspa�ol
TulipSearch
TulipNews
TulipCards
AllMusicSearch.com
City Guides
Travel Center
Bargain Bloodhound

WEBMASTER TOOLS

BecomeAnAffiliate.com
TulipDomains
GoSurfTo
TulipStats
TulipHost...coming soon
TulipTools...coming soon
...coming soon




Questions or Comments? Contact Us

Copyright � 1998-2002 Tulips and Bears LLC.
All Rights Reserved.  Republication of this material,
including posting to message boards or news groups,
without the prior written consent of Tulips and Bears LLC
is strictly prohibited.  'Tulips and Bears' is a registered trademark of Tulips and Bears LLC


Last modified: April 02, 2001

Published By Tulips and Bears LLC