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Focus On Stocks Above 20dMA, 100% CASH

On Wednesday, stocks traded in positive territory till mid-afternoon. Bernanke's speech took the wind out of the sail as major indexes gave up gains to close fractionally lower on mixed volume. Fiscal cliff concerns dominate the climate & direction of the market. Focus on stocks close / meeting the criteria as they may be the 1st to gain ground if / when positive news develops.

This morning, futures are displaying a MIXED opening.

Climate is - Confirmed UPTREND

Focus on stocks meeting CRITERIA:

Selective Chartists Positions (with BUY price):   NONE   100% CASH

Closely Monitoring:
(Top candidates poised for higher levels near-term).
In general, BUY within 5% of Pivot, stop-loss 7% below buy price.

American Intl (AIG)
Akamai (AKAM)
Visa (V)
Celgene (CELG)
Amgen (AMGN)
Lululemon (LULU)
Citigroup (C)
Cree (CREE)
3D Systems (DDD)
Starbucks (SBUX)
3M (MMM)
Google (GOOG)

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