BTTT INTERNET PICKS FOR THE REST OF THE WEEK!
If you can't beat 'em, then join 'em!
From a pool of about 50 Internet stocks (I used the list of stocks emailed to me by my broker that now require a higher margin premium), and excluding the real crazy issues, i.e. scanning only those that have readable trends, I have come up with the following list of recommendations. I have used the following set of indicators: trendlines, MACD, Stochastics and OBV. They have been grouped accordingly: "A" Trades (all four indicators looking bullish), "B" Trades (3 indicators looking bullish, and one looking neutral) and "C" Trades (3 indicators looking bullish, one looking bearish).
A-Trades:
DCTI
ECHO
SPYG
ELNK
AWRE
B-Trades:
EGGS (MACD looks neutral)
C-Trades:
FLYR (MACD looks bearish)
Please feel free to comment, add to the list, alter my picks, or otherwise ignore this post. I fully realize that any internet picks posted now could come on the eve of their great implosion. But for what it is worth, I thought it best to add a bit of rational technical analysis to all the hype.
Good luck, TC. |
