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Magic Charts Newsletter
November 4th, 2002 |
This issue includes...
1) "How is the sample portfolio ?"
2) "Where is the movement ?"
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1) "How is the sample portfolio ?"
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Our sample portfolio is on -34.8%
We stayed at the same level as last month in spite of the
gain the the major indices, made our stocks moved
horizontally.
We follow our system, so we are not allowed to buy new stocks
into our portfolio until next month.
For this month we had the option to buy again into our
portfolio, but we choose not to since our stocks although
keeping there ground, don't show strong patterns.
There is a screen shot at the bottom of this page
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2) "Where is the movement ?"
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If we look at the charts, there
are a few promising tech
stocks our there who have started a strong pattern upwards;
For the USA we see:
Vitesse semiconductor
Tellabs
AT&T wireless
Infospace communications
Sepracor Inc
Simple technology
Nextel Communications
BEA systemsand TSE:
Sierra wireless
It is to soon to see if it is a recovery from there earlier
fall in September or that they really found there way up.
Next month when we are buying new stocks into our portfolio
we will check these stocks again to see if they where able
to continue there patterns.
If you like to follow our moves from day to day subscribe to
our Magic Charts service!
Download the demo from the download
section of this website
After installation, it will generate a base code with which
you can subscribe to the Magic Charts.
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Copyright 1998-2002 by Magic Charts. All rights reserved.
This document may not be copied in part or full without
express written permission from the publisher.
Trading in stocks involves risk. You can lose money. We are
not making recommendations to buy or sell any stock. We share
our views about how to trade stock.
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Magic Charts sample portfolio per 11-01-2002
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