APT will go DOWN
$4.00 on 12/18/09
$3.39 (-31.24% from time of market call)
Stocks are dropped from the model portfolios on Financial Tides when they either fail to maintain there upward momentum or drop below their 50 day moving averages. We are dropping 2 stocks for the following reasons:
VMFIV - Marketocracy S&P 500 fund - Millipore Corp. -- MIL
1 - Trading below its 20, 50 and 100 DMA
2 - Has not hit a new high since 8/7/09
3 - On BarChart 9 of 13 technical indicators have sell signals for an overall sell signal of 68%
VMALP - Marketocracy Alpha fund - Alpha Pro Tech -- APT
1 - Trading below its 20 & 50 DMA
2 - Has not hit a new high since 10/26/09
3 - On BarChart 7 of 13 technical indicators have sell signals for an overall sell signal of 32%
Jim Van Meerten is an investor who writes on financial matters here and on Financial Tides. Please leave a comment below or email FinancialTides@gmail.com
Disclosure: I do not have positions in these stock at the time of publication