CAPSTech (35.36)

CAPSTech Update

November 17, 2009 – Comments (0) | RELATED TICKERS: ARTNA , REV , FUR

I'm closing my long position in ARTNA today since the CAPS rating has dropped to 4 stars.  It is still moderately oversold, but it seems like the short term bounce is ending.

REV and LNY are kicking my ass on a daily basis.  Both are really overbought, but that doesn't seem to be stopping them from going higher.

FUR has been really disappointing.  The technical oscillator I'm using has gone from extremely oversold to neutral, with no price action whatsoever.  I'm going to stay long since it has maintained its 5 star status.