Friday, July 16, 2010

AOD Watch

Alpine Total Dynamic Dividend Fund (AOD) is against showing bear phase on Person's Proprietary Signal (pps), after ghosting the signal repeatedly yesterday before closing signal free.
AOD $5.33

The signal was buttressed by further decline of the fast stochastic into neutrality. But the macd continued in bull phase.

So, the chart is very much mixed.

I won't repeat yesterday's bearish analysis. Please read it here. Suffice it to say that anyone staying in this stock needs to be thinking of it as a long term (bite my tongue!) buy-and-hold instrument. This flies in the face of everything I've ever said about market strategy, but in this instance, I can make a case for it.

    The Great Reflation: How Investors Can Profit From the New World of Money
    OK. The credit bubble burst. Housing, burst. Shockwaves reverberated. Markets collapsed. What lies ahead as we reemerge from the wreckage.

    Tim Bovee, Private Trader tracks the trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment. No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decision decisions for his or her own account, and take responsibility for the consequences.
    • psar - Parabolic Stop and Reverse
    • adx - Average Directional Index
    • pps - Person's Proprietary Signal
    • ma20 - 20-day moving average
    • macd - Moving Average Convergence-Divergence
    • sto - Fast Stochastic
    About the glance: The colors indicate the state of each signal.
    • trend: Determined by the 5-day moving average, green for up, red for down, yellow for sideways
    • adx: orange for above 30-up, blue for 20-down, purple for in the middle. Red is most prone to whipsaws
    • psar, pps, macd: green for bull mode, red for bear
    • sto: green for overbought, red for oversold, yellow for the neutral zone.

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