The VRTrader.com VR Platinum Newsletter Thursday 8/25/2005
"Tools for the High Performance Trader"
Copyright © 2005, All rights reserved.
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PORTFOLIO UPDATE | by Mark Leibovit
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VR Platinum Portfolio Update
Thursday, August 25, 2005
Pre-Market
New Changes
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AW - Changed Target From 10.00 To Market
AW - Note: Two Negative Volume Reversals ™ have been posted (one on
8/12 and one yesterday). Sell and stand aside.
IPIX - Changed Target From 5.25 To Market
IPIX - Note: Take fractional profit. Volume slowed into recovery high
(4.35) yesterday.
AZO - Changed Stop From 104.00 To 97.00
SPY - Changed Stop From 123.25 To 122.15
New Cancels
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DWA - Cancelled
SHLD - Cancelled
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LEIBOVIT FILES | by Mark Leibovit
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Leibovit Files
Thursday, August 25, 2005
Opening Comments
Will end of the month 'window dressing' rescue this drowning market or if
it comes will it be too little too late? Negative Volume Reversals ™
yesterday triggered short positions in stock indexes BEFORE yesterday's
close and we're still holding on. Forgetting 'window dressing', there is
a 'cycle change point' (as we previously reported) due anytime up until
early next week which will likely be coincident with the current
correction thereby setting up the next rally phase. We're trading the
swings, but our overall negative view going forward (due to negative
seasonality) remains unchanged. Our gameplan is to cover shorts into this
weakness and wait for Volume Reversal ™ confirmation before flipping to
the long side. Even then, we're concerned as we are reminded of the
calendar. Crude Oil spiked on the Hurricane Katrina story but we've
reported to you our next technical upside target of $72.00, so further
gains lay ahead and the market will use whatever news (or lack thereof) it
wishes to get there. Bonds continue to rally, despite unfulfilled
downside measurements (translating into higher interest rates) generated
in mid-June. So, we're perplexed but also unwilling to fight the trend.
It is clear money is moving into bonds as a safe haven regardless whether
our Far East friends continue to buy our bonds or not.
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http://www.vrtrader..../ViewVRList.asp
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Check a current VR Chart:
http://www.vrtrader..../GetVRChart.asp
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LONGS
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IWOV - Interwoven Inc 7.51
COMPANY PROFILE:
WHY WE LIKE IT:
IWOV formed a Positive VR on Aigust 17 after a two week pullback and it
looks ready to mount a push higher.
Interwoven, Inc. provides enterprise content management (ECM) software and
services. Its products enable businesses to create, review, manage,
distribute, and archive critical business content, such as documents,
spreadsheets, emails and presentations, as well as Web images, graphics,
content, and applications code across the enterprise and its chain of
customers, partners, and suppliers. Interwoven?s ECM platform consists of
integrated software product offerings that deliver customers end-to-end
content lifecycle management, including collaboration, email management,
imaging, digital asset management, Web content management, document
management, and records management. The company also offers professional
services and strategic consulting services to the customers for the
deployment of the software and the integration of the applications with
third-party software. Interwoven?s products are deployed for business
initiatives, such as Intranet management, marketing content management,
collaborative portals, Web content management, records management, deal
management, matter-centric collaboration, and content provisioning. It
markets and licenses its software products and services through a direct
sales force, as well as through technology vendors, professional services
firms, and systems integrators in North America; and through its
subsidiaries in Europe and Asia Pacific. The company was founded in 1995
and is headquartered in Sunnyvale, California.
POTENTIAL TRIGGER:
Buy at market with a stop below the July 15 low of 6.78. Looking for
9.50.
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SHORTS
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PKI - PerkinElmer Incorporated 20.03
COMPANY PROFILE:
WHY WE LIKE IT:
PKI is sitting right at support after a weak bounce attempt last week.
PKI gave a Negative Volume Reversal ™ signal on Friday, August 19 and
encountered more selling on Monday, August 22. The sellers look ready to
assume control on this one.
PerkinElmer, Inc. provides scientific instruments, consumables, and
services to the pharmaceutical, biomedical, environmental testing,
chemical, and general industrial markets worldwide. It designs,
manufactures, markets, and services products and systems in three
segments: Life and Analytical Sciences, Optoelectronics, and Fluid
Sciences. The Life and Analytical Sciences segment provides drug
discovery, genetic screening, and environmental and chemical analysis
tools, including instruments, reagents, consumables, and services for
daily applications in scientific research and clinical applications. Its
products are offered under various brand names, including Wallac, Packard,
NEN, AAnalyst, Clarus, OneSource, LABWORKS, Pyris, Spectrum, Optima,
DELFIA, ImageTrak, UltraView, prOTOF, Victor, LANCE, ELAN, and ViewLux.
The Optoelectronics segment provides digital imaging, sensor, and
specialty lighting components used in the biomedical, consumer products,
and other specialty end markets under the brand names Cermax, Heimann,
ColdBlue, MultiBlue, Power Systems, Amorphous Silicon, and Reticon. The
Fluid Sciences segment provides fluid control and containment systems for
environments, such as turbine engines and semiconductor fabrication
facilities under the brand names Belfab, Callisto, Centurion, U-Plex
Seals, E-Seals, Rigid E-Seal Joints, and PressureScience. The company was
founded in 1947 and is headquartered in Wellesley, Massachusetts.
PerkinElmer, Inc. acquired Elcos AG in February 2005, which designs and
manufactures custom light emitting diode and solutions for biomedical and
industrial applications.
POTENTIAL TRIGGER:
Sell short at market with a stop over the July 26 high of 21.60. Looking
for 18.
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Suggestions? Comments? on the newsletter service.
We would like to hear from each and everyone of
our subscribers. Our email is mark@vrsurvey.com.
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TIMER DIGEST MARKET SIGNALS
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For Friday, August 19, 2005
STOCKS: Neutral
BONDS: Bearish
GOLD: Bullish
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CURRENT PORTFOLIO
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Click here to see our Current Portfolio: For subscribers only
http://www.vrtrader....lays/stocks.asp
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NEW PICKS
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Based on either Bullish or Bearish technical signals and the
Volume Reversal™ methodology, these stock picks look
primed to make a move. No trading system is 100% accurate and
care should be taken to consider market conditions before
entering any trade. Not all trades are suitable for all
investors and each investor should consider their own risk
profile before making a decision.
Format:
Symbol - Company Name
Buy @ = this is the strategic range picked by the VR staff.
Target: = estimated destination of equity during life of play.
Stop: = recommended* stop loss considering equity volatility.
*stop losses should be placed according to your own risk
tolerance.
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RISK MANAGEMENT STRATEGY
When a stock declines/rallies 1 point or more from the price at
which bought or sold short, we will raise/lower stop to cost. This
will limit the potential loss on a trade. For each additional 1
point move, a further adjustment is made.
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CURRENT BULLISH STOCK PICKS
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HIET - 1/28/2005 - Long @ 1.03 Target: 1.70 Stop:0.30
MDM - 7/13/2005 - Long @ 2.55 Target: 3.50 Stop: 1.50
AW - 7/28/2005 - Long @ 8.62 Target: Market Stop: 7.79
KO - 7/29/2005 - Long @ 44.25 Target: 48.50 Stop: 38.00
WEL - 8/2/2005 - Long @ 1.40 Target: 2.50 Stop: 0.98
IPIX - 8/10/2005 - Long @ 3.70 Target: Market Stop: 3.70
AWA - 8/15/2005 - Buy @ 6.95-7.05 Target: 9.00 Stop: 6.05
NT - 8/15/2005 - Buy @ 2.85-2.88 Target: 4.50 Stop: 2.50
SFD - 8/22/2005 - Long @ 26.85 Target: 30.00 Stop: 25.89
FRG - 8/23/2005 - Long @ 2.85 Target: 4.50 Stop: 1.85
GD - 8/23/2005 - Long @ 116.10 Target: 120.50 Stop: 113.22
GLG - 8/23/2005 - Long @ 19.08 Target: 21.00 Stop: 18.00
UIS - 8/23/2005 - Long @ 6.53 Target: 7.25 Stop: 6.20
HCA - 8/24/2005 - Long @ 49.90 Target: 52.50-53.50 Stop: 48.65
IPII - 8/24/2005 - Long @ 17.70 Target: 21.00 Stop: 15.80
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CURRENT BULLISH INDEX PICKS
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EWJ - 8/23/2005 - Buy @ 10.75 Target: 14.00 Stop:
9.40
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CURRENT BEARISH STOCK PICKS
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AZO - 8/22/2005 - Short @ 97.00 Target: 89.00 Stop: 97.00
FD - 8/22/2005 - Short @ 72.28 Target: 68.00 Stop: 72.28
MRK - 8/22/2005 - Short @ 29.00-30.00 Target: 17.00 Stop: 32.50
RHAT - 8/22/2005 - Short @ 14.00 Target: 12.75 Stop: 15.93
PGR - 8/23/2005 - Short @ 97.34 Target: 90.00 Stop: 98.85
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CURRENT BEARISH INDEX PICKS
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MDY - 8/23/2005 - Short @ 128.64 Target: 125.80 Stop: 129.45
SPY - 8/23/2005 - Short @ 122.15 Target: 120.00 Stop: 122.15
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EXITED BULLISH STOCK PICKS FOR THE PREVIOUS 30 DAYS
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AEM - Picked(7/6/2005): 12.57 Exited(7/28/2005): 12.08 Result: -0.49
SWC - Picked(7/6/2005): 7.44 Exited(8/17/2005): 8.19 Result: 0.75
TRBS - Picked(7/13/2005): 30.95 Exited(8/4/2005): 29.76 Result: -1.19
KGC - Picked(7/21/2005): 6.23 Exited(7/26/2005): 5.89 Result: -0.34
NEM - Picked(7/22/2005): 38.76 Exited(8/9/2005): 38.76 Result: 0.00
PDG - Picked(7/22/2005): 15.35 Exited(7/28/2005): 13.71 Result: -1.64
CPHD - Picked(7/25/2005): 8.50 Exited(8/10/2005): 7.25 Result: -1.25
NAV - Picked(7/25/2005): 34.30 Exited(8/4/2005): 34.60 Result: 0.30
IOM - Picked(7/27/2005): 2.88 Exited(8/3/2005): 3.18 Result: 0.30
CCJ - Picked(7/28/2005): 49.25 Exited(7/29/2005): 47.45 Result: -1.80
BEAS - Picked(7/29/2005): 9.20 Exited(8/4/2005): 9.38 Result: 0.18
GOOG - Picked(7/29/2005): 27.30 Exited(8/22/2005): 35.00 Result: 7.70
ZILA - Picked(7/29/2005): 3.45 Exited(8/10/2005): 3.45 Result: 0.00
CKCM - Picked(8/1/2005): 26.75 Exited(8/3/2005): 25.90 Result: -0.85
GRA - Picked(8/3/2005): 8.61 Exited(8/17/2005): 9.25 Result: 0.64
AEM - Picked(8/4/2005): 12.85 Exited(8/17/2005): 13.10 Result: 0.25
GLG - Picked(8/4/2005): 18.15 Exited(8/15/2005): 19.15 Result: 1.00
this - Picked(8/10/2005): 25.75 Exited(8/22/2005): 25.91 Result: 0.16
HMY - Picked(8/12/2005): 8.78 Exited(8/17/2005): 8.57 Result: -0.21
NEM - Picked(8/12/2005): 40.70 Exited(8/17/2005): 40.22 Result: -0.48
OZN - Picked(8/15/2005): 1.52 Exited(8/23/2005): 1.52 Result: 0.00
HMY - Picked(8/22/2005): 8.70 Exited(8/24/2005): 7.80 Result: -0.90
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EXITED BULLISH INDEX PICKS FOR THE PREVIOUS 30 DAYS
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DIA - Picked(7/27/2005): 106.33 Exited(8/1/2005): 106.28 Result: -0.05
QQQQ - Picked(7/28/2005): 39.75 Exited(8/1/2005): 39.57 Result: -0.18
GLD - Picked(8/1/2005): 43.11 Exited(8/17/2005): 43.95 Result: 0.84
QQQQ - Picked(8/2/2005): 40.04 Exited(8/4/2005): 39.88 Result: -0.16
SPY - Picked(8/2/2005): 124.33 Exited(8/4/2005): 124.27 Result: -0.06
RTH - Picked(8/10/2005): 101.96 Exited(8/16/2005): 99.20 Result: -2.76
SPY - Picked(8/10/2005): 124.28 Exited(8/16/2005): 122.35 Result: -1.93
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EXITED BEARISH STOCK PICKS FOR THE PREVIOUS 30 DAYS
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AWA - Picked(8/1/2005): 8.44 Exited(8/11/2005): 8.02 Result: 0.42
BCR - Picked(8/4/2005): 64.40 Exited(8/5/2005): 63.58 Result: 0.82
BCR - Picked(8/8/2005): 65.25 Exited(8/23/2005): 64.41 Result: 0.84
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EXITED BEARISH INDEX PICKS FOR THE PREVIOUS 30 DAYS
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TLT - Picked(7/6/2005): 94.63 Exited(7/28/2005): 93.86 Result: 0.77
ICF - Picked(7/22/2005): 74.31 Exited(7/26/2005): 75.26 Result: -0.95
RTH - Picked(7/22/2005): 101.06 Exited(7/27/2005): 102.59 Result: -1.53
DIA - Picked(7/26/2005): 106.01 Exited(7/27/2005): 106.30 Result: -0.29
TLT - Picked(8/1/2005): 92.22 Exited(8/8/2005): 91.82 Result: 0.40
DIA - Picked(8/4/2005): 106.13 Exited(8/8/2005): 105.63 Result: 0.50
IYT - Picked(8/4/2005): 67.85 Exited(8/8/2005): 66.91 Result: 0.94
DIA - Picked(8/8/2005): 105.29 Exited(8/9/2005): 106.34 Result: -1.05
IYT - Picked(8/8/2005): 66.71 Exited(8/9/2005): 67.00 Result: -0.29
TLT - Picked(8/8/2005): 91.61 Exited(8/9/2005): 91.73 Result: -0.12
TLT - Picked(8/10/2005): 91.57 Exited(8/23/2005): 94.16 Result: -2.59
SPY - Picked(8/16/2005): 122.17 Exited(8/18/2005): 122.51 Result: -0.34
XLE - Picked(8/16/2005): 49.57 Exited(8/17/2005): 48.00 Result: 1.57
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DISCLAIMER
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This newsletter is a publication dedicated to the education of stock traders. The newsletter is an information service only. The information provided herein is not to be construed as an offer to buy or sell securities of any kind. The newsletter picks are not to be considered a recommendation of any stock but an information resource to aid the investor in making an informed decision regarding trading in stocks. It
is possible at this or some subsequent date, the editors and staff of VRTrader.com may own, buy or sell securities presented. All investors should consult a qualified professional before trading in any security. The information provided has been obtained from sources deemed reliable but is not guaranteed as to accuracy or completeness. VRTrader.com staff makes every effort to provide timely information to its subscribers but cannot guarantee specific delivery times due to factors beyond our control.
Copyright © 2005 VRTrader.com.
