The Trend Trader For Stock Trading on Monday, November 2, 2009

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.

Neal 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.

The Trend Trader for the Dow 30 Stocks For Trading On Monday, November 2, 2009 Presented by the Pattern Trapper – www.PatternTrapper.com – 952-892-5550 Trend Trader readings are based on Daily Pivot calculations.  For a detailed explanation Click Here!     In alphabetical order by symbol Close Change 3×1 7×5 Minor Trend Major Trend Trend Reading  AA – Alcoa Inc 12.42 − 0.58 12.48 12.77 Bearish  AXP – American Express Company 34.84 − 1.60 35.40 35.24 Bearish  BA – Boeing Co 47.80 − 1.01 48.02 48.32 Bearish  BAC – Bank of America Corporation 14.58 − 1.15 15.21 15.09 Bearish  CAT – Caterpillar Inc 55.06 − 2.19 55.90 56.19 Bearish  CSCO – Cisco Systems 22.81 − 0.71 23.18 23.28 Bearish  CVX – Chevron Corporation 76.54 − 1.41 76.78 76.79 Bearish  DD – Dupont(E.I.)Denemours 31.82 − 1.15 32.40 32.45 Bearish  DIS – Disney (Walt) Co 27.37 − 0.77 27.67 28.01 Bearish  GE – General Electric 14.26 − 0.61 14.58 14.62 Bearish  HD – Home Depot Inc 25.09 − 0.82 25.51 25.53 Bearish  HPQ – Hewlett-Packard 47.46 − 0.89 47.65 47.77 Bearish  IBM – Intl Business Machines Corp 120.61 − 2.26 121.77 121.35 Bearish  INTC – Intel Corp 19.11 − 0.11 19.19 19.33 Bearish  JNJ – Johnson & Johnson 59.05 − 0.81 59.59 59.59 Bearish  JPM – JPMorgan Chase & Co 41.77 − 2.58 43.11 42.90 Bearish  KFT – Kraft Foods’A’ 27.52 − 0.03 27.23 27.23 Bullish  KO – Coca-Cola Co 53.31 − 0.78 53.64 53.44 Bearish  MCD – McDonald’s Corp 58.61 − 0.53 58.91 59.00 Bearish  MMM – 3M Co 73.57 − 1.91 74.84 75.11 Bearish  MRK – Merck & Co 30.93 − 0.38 31.61 31.60 Bearish  MSFT – Microsoft Corp 27.73 − 0.49 28.11 28.14 Bearish  PFE – Pfizer, Inc 17.03 − 0.52 17.28 17.19 Bearish  PG – Procter & Gamble 58.00 − 1.54 58.44 58.19 Bearish  T – AT&T Inc 25.67 − 0.56 26.00 25.77 Bearish  TRV – The Travelers Companies Inc 49.79 − 2.12 50.91 50.53 Bearish  UTX – United Technologies 61.45 − 2.13 62.87 63.04 Bearish  VZ – Verizon Communications 29.59 − 0.45 29.85 29.54 Neutral  WMT – Wal-Mart Stores 49.68 − 0.72 50.05 49.97 Bearish  XOM – Exxon Mobil 71.67 − 2.29 73.25 72.57 Bearish

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.