I mentioned AUTO hitting a double bottom on 9-27 right on its 200dma. Today its bouncing hard off its 200dma again, but this time its a triple bottom.
XPO is breaking out today.

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One of our 1 year holdings is AUTO. Its up 5% off of a double bottom made at its 200dma. Based on backtested results that have never had a losing year going back to 1997, the 1 year portfolio holds do very well. However, AUTO has not done well at all this year. In fact, [...]

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One of my 1 year holds broke out today to a new 52 week high, PMDX. PMDX is buying RGX and today there was a post that made the headlines on Yahoo Finance that may or may not have been the reason for the 11% move today. Either way this stock was going to go [...]

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U.S. antitrust authorities said on Tuesday they approved plans by Primedex Health Systems Inc. (PMDX.OB: Quote, Profile, Research) to buy imaging center operator Radiologix Inc.(RGX.A: Quote, Profile, Research).Officials have completed their investigation of the deal without taking any action, the Federal Trade Commission said in a notice.
Los Angeles-based Primedex, which runs diagnostic imaging centers in [...]

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TLG, Target Logistics, Inc. is one of our yearly portfolio holdings. Its currently down over 40% from our buy point. Not an uncomfortable place to be considering the risk reward/ratio. However, its up 10% today. I don’t know why and was wondering if anyone knew.

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One of the stocks in my “hold for a year” portfolio, XPO, reported great numbers today.
“Company Delivers 38% Increase in Expedited Transportation Revenue and Highest Gross Margin in Its History”
Source

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This down move this morning is for what reason? AMD and 3M? The jobs report supported the move up. I thought there was a possible drop and pop situation today, hopefully it pans out. I don’t want to go short today at the close, and my system is telling me I have to. I think [...]

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“PainCare Holdings, Inc. (Amex: PRZ - News), one of the nation’s leading providers of pain-focused medical and surgical solutions and services, today announced that it has regained compliance with the American Stock Exchange (AMEX) continued listing requirements pursuant to the filing of its Form 10-K for the fiscal year ended December 31, 2005 and Form [...]

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Picked up CIEN today. Not a system buy, but based on other technicals. When tech participates in this rally CIEN should move. All technicals are in favor for moving higher here. Again, this was an out of system buy, so I hope it doesn’t hurt my beta portfolio :).

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I didn’t like how it was performing and it fell out of favor. CHTR which was a stock I was supposed to buy for this portfolio, but didn’t due to my own bias is up in the neighborhood of 6.5% today due to a Citigroup upgrade. That gain would have been nice to have. I [...]

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Based on technicals RHAT, Redhat the flavor of Linux used by alot of coporations in North America, (SuSe is favored in Europe), looks to be a buy today. RHAT has seen a nice selloff in its stock, but looks to be a trading buy here and will probably turn into a major long term buy [...]

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I went long with:
PRZ (yes more of it)
GNTA
HH
NXG
NAVR
I will pick two more later tonight. I always use 7 stocks. I want to include TJX, UNH, PII, or something a little safe, however, its not part of the beta system and I want to stick with the system because backtested it produces monster gains.

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I swapped to the long side over at Rydex. The beta portfolio is in cash, but will be looking to go long maybe tomorrow morning.
A bounce rally is long overdue.

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I am covering my stocks in the Beta Portfolio today. Its uncharacteristic and a little early, but the gains are good, and I’m covering my butt if there is a bounce coming soon.
Buy to cover:
ROSE
USMO
MKTX
MIND
SCHK => SIRO
FLDR
CLAY

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The beta portfolio is still short. Its performing relatively well. Its currently up an avg 7%.
The performers are the two shorts in MIND and CLAY, up 16% and 17% respectively.
The system still says to hold these short.

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