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Strategies, enter a short trade. Chart of the Week- WIT : WIT as of 12-31-09 The following points should be noted: This stock passes our system screens as described in my first book, Cashing in on Covered Calls The blue arrow shows the price bars at or above an uptrending 20-d ema The red arrow shows the 100-d eugo below the forex euro usd ema, also uptrending The green oval shows the MACD positive forex euro usd is the histogram below it The orange oval shows the stochastic oscillator in the overbought, but holding position Note that volume declined during the holidays as forex euro usd dropped below the average volume (yellow line) Economic News of the Week : Consumer confidence rose for the second consecutive month demonstrating a more positive outlook for the future.
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