Duane's Watch List (June 29th 2009)

I was running some Advanced GET buying scans this afternoon and came across some stocks that warranted being added to my watchlist.  I've added some quick notes to each respective chart as things to consider.  I'll continue to update these ideas as events warrant.

 

Trade Smart

 

~Duane Gott

 

 

 

 

Comments

[pm]

Duane,

I always have a problem with the time frame. If you refer to 97 video seminar and the Advanced GET course manual it clearly indicates that higher time frame takes precedent.
So, I looked at NVTL & PMTI weekly chart and it clearly setting up for Type 1 Sell. Can you shed some light on this topic with these specific examples?

Thank you
PM

[Craig]

PM,

What "Advanced GET course manual" are you refering too.

thanks
Craig

[Duane Gott]

PM, both of these candidates are being evaluated from the daily time frame.

Both PMTI and NVTL have broken some key rules of the Type I trade on the weekly.