stock recommendation, stock investment information

Begin part 3 of 3

Play Date: 11/04/2009
TNB (Thomas & Betts Corp--$34.42; -0.48; optionable): Industrial electrical equipment
http://biz.yahoo.com/p/t/tnb.html
After Hours: $34.42
EARNINGS: 10/22/2009
STATUS: Flag. If you get points for pretty patterns Thomas and company gets style points. TNB broke higher in late October on solid earnings, clearing a 5 month cup with handle base. Nice rally on up to 36ish and then the current two week test forming a nice easy flag pattern back to near support at the 10 day EMA (34.22). A very nice consolidation is setting up the next upside move, and TNB has the room to run for nice, unmolested pop up to next resistance.
VIDEO: http://investmenthouse1.com/ihmedia/TNBPlay.wmv
Volume: 742.721K Avg Volume: 579.633K
BUY POINT: $35.35 Volume=870K Target=$40.95 Stop=$33.74
POSITION: TNB CG - Mar. $35c (55 delta) &/or Stock
http://www.investmenthouse.com/ci/tnb.html

Play Date: 11/04/2009
XRTX (Xyratex Ltd.--$10.84; +0.51; optionable): PC data storage devices
http://biz.yahoo.com/p/x/xrtx.html
After Hours: $10.25
EARNINGS: 09/30/2009
STATUS: ABCD. Strong move starting early September as XRTXNgapped higher and rallied up to 13 on the high in early October. It has stair-stepped down to test the past three weeks, holding over the 50 day EMA (9.80) on the Monday low and bouncing back smartly. Nice move higher Wednesday on rising though still below average volume. Nice break higher and looking to move in as XRTX continues this run higher. Very nice
VIDEO: http://investmenthouse1.com/ihmedia/XRTXPlay.wmv
Volume: 244.656K Avg Volume: 348.2K
BUY POINT: $10.95 Volume=550K Target=$14.95 Stop=$10.18
POSITION: TQR CB - Mar. $10c (64 delta) &/or Stock
http://www.investmenthouse.com/ci/xrtx.html

Downside:

Play Date: 11/04/2009
ANN (Ann Taylor--$13.11; -0.40; optionable): Women's apparel stores
http://biz.yahoo.com/p/a/ann.html
After Hours: $13.11
EARNINGS: 11/20/2009
STATUS: Bear flag. Retail was up and ANN along with it, but it is now correcting back. Doesn't mean it is all over, but there are downside opportunities as the correction occurs. After peaking in September ANN has stepped lower, trying to hold the 50 day EMA (14.29) in early October, bouncing from there, but then giving it up in late October. It sold hard and has worked laterally, trying to move higher, but it has had little upside success. With that weak bounce we are looking for ANN to turn back down and sell off in another 3 point or so move as it has down on the first two legs lower. A move to the target lands a 52%ish gain.
VIDEO: http://investmenthouse1.com/ihmedia/ANNPlay.wmv
Volume: 1.867M Avg Volume: 2.609M
BUY POINT: $12.98 Volume=3M Target=$10.52 Stop=$13.97
POSITION: ANN MC - Jan. $15p (-57 delta)
http://www.investmenthouse.com/ci/ann.html

Play Date: 11/04/2009
ASH (Ashland--$34.14; -0.56; optionable): Chemicals
http://biz.yahoo.com/p/a/ash.html
After Hours: $33.50
EARNINGS: 10/28/2009
STATUS: Bear flag. Solid trend higher into September, then ASH started to falter. A good run and earnings were coming up in October; that makes it a good time to test and consolidate ahead of the earnings. ASH tested to the 50 day EMA (38.33) and bounced, then gave it up in late October after testing it and looking as if it could hold. Earnings came out and that was it; ASH gapped lower and through the 50 day. It tried to hold after that initial gap at some support at 35. As with ANN, ASH has been unable to bounce back with any significance. Indeed it turned lower Wednesday on very strong, rising volume, closing near the session low. Ready to move in as ASH continues to the downside. A move to the target lands a 48%ish gain.
VIDEO: http://investmenthouse1.com/ihmedia/ASHPlay.wmv
Volume: 2.114M Avg Volume: 1.378M
BUY POINT: $33.97 Volume=2M Target=$30.05 Stop=$35.98
POSITION: ASH MG - Jan. $35p (-48 delta)
http://www.investmenthouse.com/ci/ash.html

Play Date: 11/04/2009
IWM (Ishares Russell 2000--$56.25; -0.82; optionable)
After Hours: $56.50
STATUS: Bear flag. After those twin peak double tops spanning September and October, IWM broke lower in October, clearing the 50 day EMA (58.72), selling sharply the last week of that month. It caught some support at 55 where it should have and bounced starting Monday. Fortunately IWM had already made us a bunch of money at that point. With this bounce up to the resistance at 57.50 and the descending 10 day EMA (57.80) followed by a reversal to close at the Wednesday low, IWM looks ready to head lower again. Looking to move in as IWM continues lower. A move to the target lands a 52%ish gain.
VIDEO: http://investmenthouse1.com/ihmedia/IWMPlay.wmv
Volume: 92.806M Avg Volume: 50.303M
BUY POINT: $56.04 Volume=75M Target=$53.00 Stop=$58.02
POSITION: DIW XE - Dec. $57p (-49 delta)
http://www.investmenthouse.com/ci/iwm.html

Good Investing!
Jon L. Johnson and your IH Alerts Team

All of the foregoing is commentary for informational purposes only. All statements and expressions are the opinion of Online Investment Services, LP. or its paid consultants and are not meant to be a solicitation or recommendation to buy, sell, or hold securities. We are not licensed or registered in the securities industry. The information presented herein and on our related web site has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. The security portfolio of Partners in Online Investment Services, LP. or its paid consultants may, in some instances, include securities mentioned herein and on our web site. Estimates, assumptions and other forward-looking information are subject to the limits of forecasting. Actual future developments may differ materially due to many factors.

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