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5 Minute Investor
  with Bo Yoder
 
September 4, 2008
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The market has been chopping its way through the summer doldrums without any interest or volume. The recent drop in the Dollar and the reversal bar we see on the daily charts should all help push the markets lower as we close out the week.

 
STOCKS TO WATCH:
 
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    The SPY prints a doji candlestick after a large failure bar is printed.

 
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    The DIA has one last chance to hold up within its range. If the 20ema is broken in tomorrow's session, I would increase my current short exposure.

 
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    INTC drops sharply after breaking through the support offered by its 200sma.

 
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    TWX is basing near its highs and has formed a magnet trade pattern on its daily chart.

 
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    ORCL has fallen to test its 200sma on the daily chart.

 
About Bo
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Bo Yoder is a professional trader, author, and consultant to the financial industry on matters of trading and risk management. Yoder is a frequent contributor to domestic as well as international trading publications, and can be seen writing for RealMoney.com, Technical Analysis of Stocks and Commodities, Trader's, and Active Trader Magazine. Yoder is a featured speaker at seminars and  industry expos, and continues to work with individuals and market professionals on risk management and trader development.  His latest book, Mastering Futures Trading was published by McGraw-Hill in 2004.

Bo can be reached at bo@boyoder.com

DISCLAIMER:
All material herein was prepared by the author based upon information from sources believed to be reliable. This material is for information purposes only and should not be construed as an offer or solicitation of an offer to buy or sell the securities. The author is not a licensed broker, broker dealer, market maker, investment banker,investment advisor, analyst or underwriter. Please consult a broker or financial planner before purchasing or selling any securities discussed. The author has not been compensated by any of the companies listed herein, or by their affiliates, agents, officers or employees for the preparation and distribution of any materials presented. The author may buy, sell or have a position in the securities discussed and may profit in the event the shares of the companies discussed rise or fall in value.

 
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All original materials: © 2008 Brooke Publishers, Inc. and Associated Authors
Comments: trader@hardrightedge.com