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Alert HQ for the week ending Feb 29, 2008

This post is to announce that the latest list of stock alerts is up and available at Alert HQ.

It was an awful week on Wall Street with a big sell-off on Friday. As can be expected, this made it difficult for last week's alerts to hang on to profits and it also made it difficult to unearth good BUY signals for this week's alerts. This week our list contains only 10 BUY signals, one less than last week.

To my great surprise, this week we have absolutely no SELL signals at all. With the downdraft in the market I had expected to see a hefty list of SELL signals. In digging through the data, however, it appears that many of the stocks currently in the SELL zone, and there are plenty of them out there, generated the initial SELL signal weeks or months ago. Many other stocks are stuck in consolidation patterns with no clear trend apparent.

Later this weekend I will be writing another post to describe my analysis of the market statistics the Alert HQ software has generated and to discuss the performance of some of the picks from past weeks.

Comments

Unknown said…
Hi Everyone,

This Blog is really nice and helpful. We hope our post will be useful for all visitors of this prestigious blog.

On 29th Feb 2008 budget was declared. It was expected to be in favor of middle class people . As in budget all loan of farmers were waived off, its a
Positive news for farmer which can give rise to agro based industries too.

Overall budget was good for everyone.

Now with time USA is coming out of the jinx of sub prime and recession and we have already witnessed some good movement in US market too. Recent fall in Indian stock market was due to Overbought Nifty, USA recession margin pressure and panic.


Now Nifty is in consolidation phase. Once consolidation is over we will see major rally in the stock market.


Few stocks for delivery are:-

1. RCOM

2. GDL INFRA

3. DISH TV ( Only above 66 )

4. RPOWER

5. HFCL


Please note above stocks are for MEDIUM term delivery.



Please feel free to contact us at sharetipsinfo_1@yahoo.com for further details


Thanks

Warm Regards

ShareTipsInfo Team

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