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Begin part 3 of 3

THE PLAYS:

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NEW FEATURE: Each play contains an additional link to a VIDEO that discusses the play in terms of the CHART PATTERN it is currently showing. Patterns, buy points, and targets are discussed along with other points that make the play a good one as well as what areas to watch for. We hope you enjoy this new addition.
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Upside:

Play Date: 11/30/2009
FDS (Factset Research--$72.35; +0.50; optionable): financial and economic data services
http://biz.yahoo.com/p/f/fds.html
After Hours: $71.85
EARNINGS: 09/22/2009
STATUS: Breakout test. A true market leader, FDS broke out two weeks back to a new all-time high, clearing a 6 week base that used the 50 day EMA as support. After the breakout it rallied to 74.63 and the past two weeks it has faded to test, holding the 18 day EMA (71.26) as support and making something of a double bottom over the 38% Fibonacci retracement level. Just going to be patient and let FDS start back up and then we move in.
Volume: 191.748K Avg Volume: 438.406K
BUY POINT: $72.88 Volume=550K Target=$82.92 Stop=$70.55
POSITION: FDS CN - Mar. $70c (61 delta) &/or Stock
http://www.investmenthouse.com/ci/fds.html

Play Date: 11/30/2009
GLW (Corning--$16.68; +0.10; optionable): Flat screens, telecom equipment
http://biz.yahoo.com/p/g/glw.html
After Hours: $16.68
EARNINGS: 10/26/2009
STATUS: Cup w/handle. Nice pullback the past week and one-half as GLW formed the handle to its 4.5 month base. After the run from March GLW set up a base through July, but it could not make any headway. It then carved out the current base, and after this pullback to near support at the 18 day EMA on the Monday low and snapback to a gain on volume GLW looks ready to try the break higher. Ready to move in as GLW continues the break higher on good trade.
Volume: 11.263M Avg Volume: 14.429M
BUY POINT: $16.88 Volume=18M Target=$19.97 Stop=$16.04
POSITION: GLW EC - May $15c (74 delta) &/or Stock
http://www.investmenthouse.com/ci/glw.html

Play Date: 11/30/2009
MDT (Medtronic--$42.44; -0.55; optionable): Medical appliances
http://biz.yahoo.com/p/m/mdt.html
After Hours: $42.40
EARNINGS: 11/24/2009
STATUS: Flag. MDT gapped away from us last week on its earnings, but you don't give up on a stock after a gap. Indeed, a strong gap through resistance is a move you can play; if a stock does not fill the gap that shows the strength of the move and the gap often continues. MDT gapped through resistance at 40 where it had bumped up against for two weeks prior to the breakout. Now it is testing but it is holding at 42 on the lows the past two sessions, and that is the 38% Fibonacci retracement. If it holds here and starts back up we can move in.
Volume: 7.583M Avg Volume: 6.731M
BUY POINT: $42.77 Volume=7M Target=$47.95 Stop=$41.11
POSITION: JIW BH - Feb. $40c (70 delta) &/or Stock
http://www.investmenthouse.com/ci/mdt.html

Play Date: 11/30/2009
MOS (Mosaic Company--$54.45; +0.10; optionable): Ag chemicals
http://biz.yahoo.com/p/m/mos.html
After Hours: $54.53
EARNINGS: 01/04/2010
STATUS: Cup w/handle. A rather jagged 16 week base, but it used the 200 day SMA (48.20) as support on three occasions in the pattern: some big players are stepping in at that key level. The last test bounced MOS nicely, and the past week it is testing, coming back to form the handle, using the 10 day EMA (53.83) as support. Nice higher low, and if MOS can give us a nice break higher from here it is a buy.
Volume: 3.501M Avg Volume: 5.413M
BUY POINT: $55.48 Volume=6.8M Target=$63.65 Stop=$51.62
POSITION: MOS CK - Mar. $55c (55 delta) &/or Stock
http://www.investmenthouse.com/ci/mos.html

Play Date: 11/30/2009
NKE (Nike--$64.89; -0.16; optionable): Sports apparel, sporting goods
http://biz.yahoo.com/p/n/nke.html
After Hours: $64.89
EARNINGS: 12/17/2009
STATUS: Triangle. Looking at NKE again as it has set up a nice 8 week pattern after gapping out of a 4 month base to end October. It has worked laterally since, making higher lows above the rising 50 day EMA (62.84) below a constant top near 66. After the last bounce off the 50 day a week back NKE is trying to make a higher low at the 18 day EMA (64.51), showing a doji at that level Monday. Nice set up and ready to move in when NKE makes the break higher.
Volume: 2.315M Avg Volume: 3.559M
BUY POINT: $65.65 Volume=5M Target=$75.45 Stop=$62.54
POSITION: NKE DM - Apr. $65c (55 delta) &/or Stock
http://www.investmenthouse.com/ci/nke.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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