Wednesday, August 4, 2010

readings on wednesday august 4, 2010 1:47pm

vmw is a less than 1% weighting in chiu index portfolios but has contributed a sizable return over the last year.
the pe is ridiculous and peg is also way higher than even bidu, although the 2, bidu and vmw shares similar market cap.

vmw is at 81.20
3-0 sell
5-0 sell weekly
9-7 sell monthly

aside from the recent rest of 75 in the daily frame, this stock has extended one full sequential count with another.


bidu at 86.34
9-2 sell (this means we have established a countdown cycle, possibly to 9-13 sell, which as you know, may not be on contiguous trading days)
3-0 sell weekly
9-6 sell monthly


goog with good economic news today in the advertising space is at 503.92
2-0 sell
3-0 sell weekly
7-0 buy monthly
(still needs an above 525.70 close this month for recycle to a 1-0 sell monthly count)



paul

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