One New Speculative CANSLIM Long Position, Two New Very Speculative Long Positions, And One New Speculative Long Position For Monday’s Stock Market Session

December 1, 2007

None of these will be large at all as they are ALL WAY TOO THIN AND ALL HAVE EXTREMELY LOW AVERAGE DAILY VOLUME. NOTHING HERE TRADES MORE THAN 41,000 SHARES A DAY ON AVERAGE. That makes all of these longs horrible for newbies. If you are a newbie (and I mean a “what is CANSLIM” newbie) stay away from all of these and don’t even take another look. Your play of Monday is to do nothing. As for the most seasoned professional, if any of these interest you, please keep all of them very insignificant when it comes to the dollar amount invested. KTII is by far the best with a 98 EPS and 94 RS but with an average daily volume of only 3,500, do you really want to risk getting stuck in this one. All of these are LIMIT ORDER ONLY, if you decide to take them.

new speculative (too thin) CANSLIM long position: KTII

KTII is bouncing off support right near the 50 day moving average, on strong volume. Cut your loss with a close below the 50 day moving average, if the stock does not move higher immediately.

ktii1130__Large_.PNG

new very speculative (multiple problems) CANSLIM long position: DIT MFI

DIT is bouncing off recent support, putting in a very bullish intraday reversal closing at the HOD, on above average volume. Cut your first loss (50% or more) with a close below the 38.90 level and your final loss with a close below the 50 day moving average, if the stock does not move higher immediately.

dit1130__Large_.PNG

MFI is bouncing off support at the 50 and 200 day moving average and putting in a very bullish intraday reversal closing at its HOD, on very strong volume. Cut your loss with a close below the 50 day moving average, if the stock does not move higher immediately.

mfi1130__Large_.PNG

new speculative long position: EPMD

EPMD is bouncing right off the 50 day moving average and putting in a very bullish intraday reversal, on very strong volume. Cut your loss with a close below the 50 day moving average, if the stock does not move higher immediately.

epmd1130__Large_.PNG

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