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The Trend Trader For Stock Trading on Monday, November 23, 2009
Friday, November 20, 2009

by Bob Hunt of The Pattern Trapper

The Trend Trader helps to identify the current trend status of your favorite stocks. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too - buying strength and selling weakness. Before you place your next trade, be sure to consult the Trend Trader.

The Trend Trader for StocksNeal Weintraub: Pivot Point analysis is merely a tool and should be used with other technical indicators. It can be used to enter a trade, or exit a trade and when combined with average true range is a powerful money management tool. Once you enter a trade, you are no longer a trader, you are a risk manager and should monitor your trades on a weekly or daily basis depending on volatility. When you enter a trade assume you are wrong and let the market prove you are right. This will diminish the hubris and arrogance that is common to many traders. Please use these Pivot Points as a guide to better trading.


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The Trend Trader for the Dow 30 Stocks
dot_clear.gifFor Trading On Monday, November 23, 2009
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Presented by the Pattern Trapper - www.PatternTrapper.com - 952-892-5550
dot_clear.gifTrend Trader readings are based on Daily Pivot calculations.  For a detailed explanation Click Here! 


   In alphabetical order by symbol
Close
Change
3x1
7x5		Minor
Trend		Major
Trend		Trend Reading
 AA - Alcoa Inc13.13− 0.0913.3513.28Bearish
 AXP - American Express Company40.93− 0.2141.1041.07Bearish
 BA - Boeing Co51.70+ 0.2751.6451.71Neutral
 BAC - Bank of America Corporation16.09+ 0.0116.1616.05Neutral
 CAT - Caterpillar Inc57.95− 0.6658.5358.63Bearish
 CSCO - Cisco Systems23.46− 0.2223.6823.62Bearish
 CVX - Chevron Corporation76.77− 0.5777.7177.40Bearish
 DD - Dupont(E.I.)Denemours34.51− 0.0934.7434.68Bearish
 DIS - Disney (Walt) Co30.01− 0.2030.2730.26Bearish
 GE - General Electric15.59− 0.1715.8015.74Bearish
 HD - Home Depot Inc27.18+ 0.0727.0927.16Bullish
 HPQ - Hewlett-Packard50.04+ 0.2250.1250.26Bearish
 IBM - Intl Business Machines Corp126.96− 0.58127.45127.36Bearish
 INTC - Intel Corp19.24− 0.0619.5219.51Bearish
 JNJ - Johnson & Johnson62.31− 0.1262.2262.11Bullish
 JPM - JPMorgan Chase & Co42.46− 0.0942.8042.74Bearish
 KFT - Kraft Foods'A'27.17+ 0.2027.2527.30Bearish
 KO - Coca-Cola Co57.48+ 0.6056.8557.07Bullish
 MCD - McDonald's Corp63.97+ 0.5663.6763.92Bullish
 MMM - 3M Co76.64− 0.6177.1677.22Bearish
 MRK - Merck & Co36.46+ 1.1335.4335.49Bullish
 MSFT - Microsoft Corp29.62− 0.1629.8229.71Bearish
 PFE - Pfizer, Inc18.36+ 0.2518.1418.16Bullish
 PG - Procter & Gamble61.80− 0.3562.0161.99Bearish
 T - AT&T Inc26.02− 0.0926.1426.19Bearish
 TRV - The Travelers Companies Inc52.38− 0.3052.7952.80Bearish
 UTX - United Technologies67.97− 0.0468.2668.41Bearish
 VZ - Verizon Communications30.43− 0.0930.4830.42Neutral
 WMT - Wal-Mart Stores54.28− 0.2654.2553.99Bullish
 XOM - Exxon Mobil74.38− 0.2774.6974.37Neutral
Statement of disclaimer: This information was compiled from sources believed to be reliable, but its accuracy cannot be guaranteed. There is substantial risk of loss in trading futures, forex. ETFs, and stocks. There is no warranty, express or implied, in regards to the fitness of this information for any particular purpose. Past performance is not a guarantee of future results. All materials are copyright © 2009 by Bob Hunt. No part of these resources may be reproduced, stored or transmitted without the prior written permission of the copyright holder.

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About the author

Bob Hunt is the creator of the Pattern Trapper On-Line Trading Course and the Pattern Trapper ADVANCED Short term Trading Strategies index mentoring program as well as the editor of the daily Pattern Trapper Futures Trading Newsletter. Bob has been an active independent trader since 1982. He began offering market analysis and trading advice to the public in 1999 with the inception of The Pattern Trapper.

Bob specializes in helping traders make sense out of market action by offering a perspective that makes them much more easily understood. The path to learning successful trading techniques starts with an understanding of price behavior. To begin to understand price behavior you must first learn how to create structure out of inherently un-structured market environments. The whole focus of the Pattern Trapper approach is to show traders how to create that structure - to teach them how to create "templates" for interpreting market behavior and spotting opportunity.

Bob is registered with the National Futures Association as a Commodity Trading Advisor.
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