No New CANSLIM Swing Longs, No New Speculative Longs, and Four Stocks I Am Adding To My Existing Positions.

January 23, 2007

New CANSLIM swing longs: NONE

New speculative swing longs: NONE

Adding to current holdings: LTM RMKR MCDT RENT

LTM is bouncing off the 50 dma on very strong volume and hs completed the breakout from a base on base pattern going back to April. Accumulation was strong on the right side of the first base and it is very heavy again on this right side and bounce off the 50 dma. This comes after creating this base on low volume. The volume structure is very solid. To go along with the volume, BOP did a nice job of not turning red during the base and is now moving into the high green levels. EPS for the last eight quarters have been 12% or better and sales have been 20% or better for the past eight quarters. That is some impressive growth. Cut your loss w/ a close below the 50 dma with a final cut loss w/ a close below the $48 level, if the stock does not move higher immediately.

RMKR is breaking out above the January resistance on very strong volume. This chart has been full of accumulation on every uptrend following the December 05 lows. Along with this accumulation, BOP gets very strong also. This stock has had nothing but yellow or green BOP since the beginning of August and BOP has been a very high green since early December. That makes this chart very pretty, especially in the short term. The EPS growth has been very impressive the last three quarters with increases of at least 132%. The sales growth is slowing but is still at 42% the most recent quarter. The past four quarters growth in sales has been 116%, 72%, 40%, and 42%. This is a very pretty chart, however, we still need a cut loss plan. If the stock does not continue to follow-through immediately with this breakout, cut your loss with a close below the 50 dma.

MCDT is bouncing off the 50 dma and breaking out above the January resistance on very strong volume. The volume off the 50 dma has been very heavy and ever since the August 8th BRCD announcement this stock has seen plenty of accumulation and green BOP. BOP was very green before turning more neutral but is growing again to the green area. That along with the accumulation in this chart from August makes this a very solid long position to add to. The risk is low also with the cut loss area at a close below the 50 dma, compared to the possible gains. EPS growth and sales growth is horrible so I would not want to take more than a little bit of this stock. Cut your loss w/ a close below the 50 dma, if the stock does not follow-through on this breakout. This is pure speculation and is the worst one in the group of stocks tonight.

RENT is bouncing off the 50 dma on strong volume. This stock is under a ton of accumulation coming off the July lows and for the first time since then is finally touching its 50 dma. The bounce off the moving average is perfect with volume coming in lower on the pullback followed by the big pop in volume on this bounce. BOP has been very strong since September, with it being high green to max green most of the way since the move began. BOP is now back to max green, along with the huge pop in volume and price, making this a very pretty chart. Fundamentals are strong, with EPS growing 70% or better the past three quarters and sales growing 19% or better during that time. Cut your loss w/ a close below the 50 dma, if the stock does not follow-through from this move immediately.

No New CANSLIM Swing Longs, No New Speculative Longs, and Four Stocks I Am Adding To My Existing Positions.

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