THE HARVEST BOARD

[kgoodrich]

Here is an explanation of why penny picks did not run today.

I posted them here and hopefully will be able to give a bit of info on them each day.

http://stockseasonality.net/community/showthread.php?44-Watching-four-for-Monday-the-7th


Let's analyze what happened to today's picks according to our setups. Now, remember, I am going to use terms associated specifically with certain indicators without saying the indicator because only members are entitled to the setups. First look at IFRS...it began the day in Inertia with good support but not good stabilizing strength or core strength. It had a good powerstream and authority and during the day it ran up to .0010 which was very good compound before it succumbed to the market activity. It lost all strength to keep it motivated upwards. Growth dominance was compromised and cycling began in the critical juncture indicator. It may be settling even at close.

JAMN began the day with every indicator in good shape and was heading towards Inertia. It closed in great shape and will likely retrigger tomorrow since the stabilizing strength is so good. In fact, I sent it out tomorrow as our highlight Momentum List stock.

ECPN began the day in good shape but needed its indicator to retrigger. It did not and the gain it made on open settled in for a -2% loss. Not bad considering the market was so bad.

COBI actually was a bad Inertia stock but had a good powerstream and I felt it would rise to the occasion of its stronger indicators. It popped to .16 from its previous close of .14 and never had another effort again. No inertia. Stabilizing strength faltered and the growth dominance which gave it a bit of authority simply petered out. This one you should never have bought once you saw the powerstream was not obeying the laws of growth. Lesson learned.