B8 in the cards for Mon, Aug 6, 2012?

[Riskslayer]

Hi Mike,

Close above a marked high. B8?

I see a potential marked high on Jul 5, 2012 - 2987.94.

A close above that takes MEM to +5 (100%) invested, right?

Thanks,

shanw

[Mike]

Hi Mike,

Close above a marked high. B8?

I see a potential marked high on Jul 5, 2012 - 2987.94.

A close above that takes MEM to +5 (100%) invested, right?

Thanks,

shanw

Yes Shawn this is my take too. A B8 buy signal and and exposure count of +5 (100% invested). I am lagging the exposure in my own portfolio. The summer trading volume is so light that the volatility is tough to deal with. I have elected more caution because of the action of leaders. Still it is nice to deal with some upside problems. I own SSYS, up 20% from where I bought it with a decision to make as to how long to hold it. I also bought the KORS pocket pivot today and I own TFM. TFM seems to be climbing on lower volume so I may take profits sooner than later.

These are the stocks I am watching:
KORS
SWI
JAZZ
NGVC
TFM
PCLN
EQM
WPI
CDNS
DKS
NSM
PII
ELLI