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JimVanMeerten (62.85)

CPI Aerostructures not with it

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August 17, 2010 – Comments (0) | RELATED TICKERS: CVU

I'm deletingCPI Aerostructures (CVU) from the Barchart Van Meerten New High portfolio.  The market is recovering but it isn't.  Here are the issues:

1 - Lost 9.00% in the recent trading session

2 -  Trading below its 20 & 50 day moving averages 40%

3 -  Barchart short term technical sell signal

4 -  Relative Strength Index is 39.25% and falling


Jim Van Meerten is an investor who writes on investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.

 

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