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Ken's Mailbag - Q&A 1/25/10 - Have Featured Stocks Triggered Buy Signals?
Kenneth J. Gruneisen, Founder and Contributing Writer, www.CANSLIM.net
CANSLIM.net


 

Subscriber Questions:

January 23, 2010

Ken,

For a stock to qualify as a Featured Stock does the stock have to experience a technical buy signal?

Gil

 
Ken's Response:

 January 25, 2010

Dear Gil,

Thanks for writing in with a great question.  The answer is NO - for a stock to qualify as a Featured Stock it does not have to experience a technical buy signal.  Stocks appearing on the Featured Stocks page may be on the cusp of possibly triggering a technical buy signal, or they may have already triggered a recent or earlier technical buy signal(s). However, stocks appearing on the Featured Stocks page could also be in the midst of corrections and they may have triggered recent technical sell signals. Featured Stocks are closely monitored and routinely summarized through the expert notes and occasional appearances members will see with annotated graphs in the Featured Stock Update section of the daily After Market Update. Key support and resistance levels and technical buy/sell signals are discussed and analyzed on an ongoing basis, which makes CANSLIM.net reports a great help to members in determining if the stock is an ideal candidate for them to buy or sell.
 
We like to leverage the Q&A with members when they ask good questions!  For example, several months ago there was question about the color codes (read here) which are used on the Featured Stocks coverage to help members quickly see which issues may be most action-worthy under the investment system guidelines. The answer we provided appeared, like this response will, in the "Mail Bag - Q&A" section which is occasionally inserted into the daily After Market Update.
 
Please let me know if you have any feedback or suggestions on how we can make the reports any clearer and easier to use by filling out the inquiry form.

Kenneth J. Gruneisen
Founder & Contributing Writer for CANSLIM.net
www.canslim.net

About Kenneth J. Gruneisen, Founder and Contributing Writer, www.CANSLIM.net :
Kenneth J. Gruneisen has successfully completed the CAN SLIM® Certification Program.  Mr. Gruneisen became a Registered Representative in 1987 and his career includes experience offering personalized assistance to investors with more than a decade of experience as a Registered Principal managing a branch office.

The recommendations made by CAN SLIM® certified individuals are their own and may not be attributed to the CAN SLIM® Certification Program, William O'Neil & Co., Investor's Business Daily or their affiliates. The CAN SLIM® Certification indicates only that the individual has successfully completed the CAN SLIM® Certification Program. CAN SLIM®, William O'Neil & Co., Investor's Business Daily and any of their affiliates are in no way responsible for any loss or damage caused as a result of the services provided by these individuals.


Comments contained in the body of this report are technical opinions only and are not necessarily those of Gruneisen Growth Corp. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. Our firm, employees, and customers may effect transactions, including transactions contrary to any recommendation herein, or have positions in the securities mentioned herein or options with respect thereto. Any recommendation contained in this report may not be suitable for all investors and it is not to be deemed an offer or solicitation on our part with respect to the purchase or sale of any securities.

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The recommendations made by CAN SLIM® Certified individuals are their own and may not be attributed to the CAN SLIM® Certification Program, William O'Neil + Co., Investor's Business Daily or their affiliates. The CAN SLIM® Certification indicates only that the individual has successfully completed the CAN SLIM® Certification Program. CAN SLIM®, William O'Neil + Co., Investor's Business Daily and any of their affiliates are in no way responsible for any loss or damage caused as a result of the services provided by these individuals.

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