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Information disseminated through the traditional financial news outlets is often subject to a hidden agenda. At best the information is misguided and at worst deliberately misleading. With a combined 60+ years of experience in the financial markets, we intend to help the reader separate fact from fiction and expose the news that actually moves markets.

If you don’t read the newspaper you are uninformed, if you do read the newspaper you are misinformed.
–Mark Twain

RCM Manages the Fortune's Favor Family of Funds:

  • Fortune's Favor I (Long/Short US equity)
  • Fortune's Favor Offshore (offshore clients)
  • Fortune's Favor Precious Metals

Monday, May 19, 2008

Time 9:54

Stocks: YGE, PWRD

YGE: I don't want to buy this stock. 60 min. is good but the daily is not in sync and there is no need to add to this group unless there is a perfect chart.

PWRD: EPS seems good but the stock is down 8%. The rule to follow is to sell the stock at 10:00 if it is not recovering and buy it back if it reverses during the day and goes positive. This is a variation on the original theory which deals with a stock that gaps down on EPS. This stock opened higher and has sold off. I will pair the position at 10:00 and again at 10:30. I want to give it a little more room to try and understand the trading. The stock has held at key support so lets see...

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