The Trend Trader For Stock Trading on Monday, January 4, 2010

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, January 4, 2010 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 16.12 − 0.18 16.14 16.13 Bearish  AXP – American Express Company 40.52 − 0.28 40.75 40.88 Bearish  BA – Boeing Co 54.13 − 0.83 54.91 54.58 Bearish  BAC – Bank of America Corporation 15.06 − 0.01 15.11 15.15 Bearish  CAT – Caterpillar Inc 56.99 − 1.06 57.89 57.57 Bearish  CSCO – Cisco Systems 23.94 − 0.24 24.08 23.98 Bearish  CVX – Chevron Corporation 76.99 − 0.66 77.37 77.29 Bearish  DD – Dupont(E.I.)Denemours 33.67 − 0.38 33.84 33.74 Bearish  DIS – Disney (Walt) Co 32.25 − 0.03 32.32 32.27 Bearish  GE – General Electric 15.13 − 0.22 15.32 15.26 Bearish  HD – Home Depot Inc 28.93 − 0.20 29.11 29.05 Bearish  HPQ – Hewlett-Packard 51.51 − 1.42 52.44 51.98 Bearish  IBM – Intl Business Machines Corp 130.90 − 1.67 131.83 131.48 Bearish  INTC – Intel Corp 20.40 − 0.19 20.45 20.43 Bearish  JNJ – Johnson & Johnson 64.41 − 0.50 64.84 64.71 Bearish  JPM – JPMorgan Chase & Co 41.67 + 0.14 41.60 41.68 Neutral  KFT – Kraft Foods’A’ 27.18 − 0.31 27.40 27.30 Bearish  KO – Coca-Cola Co 57.00 − 0.68 57.54 57.30 Bearish  MCD – McDonald’s Corp 62.44 − 0.45 63.15 62.92 Bearish  MMM – 3M Co 82.67 − 1.23 83.69 83.18 Bearish  MRK – Merck & Co 36.54 − 0.52 36.98 36.85 Bearish  MSFT – Microsoft Corp 30.48 − 0.48 31.01 30.82 Bearish  PFE – Pfizer, Inc 18.19 − 0.31 18.46 18.37 Bearish  PG – Procter & Gamble 60.63 − 0.74 61.31 61.03 Bearish  T – AT&T Inc 28.03 − 0.29 28.30 28.22 Bearish  TRV – The Travelers Companies Inc 49.86 − 0.40 50.02 49.99 Bearish  UTX – United Technologies 69.41 − 1.08 70.22 69.87 Bearish  VZ – Verizon Communications 33.13 − 0.29 33.37 33.29 Bearish  WMT – Wal-Mart Stores 53.45 − 0.85 54.00 53.75 Bearish  XOM – Exxon Mobil 68.19 − 0.58 68.70 68.57 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 © 2010 by Bob Hunt. No part of these resources may be reproduced, stored or transmitted without the prior written permission of the copyright holder.