Fallondpicks Home | Free Stock Picks | Member Stock Picks [$] | Subscribe to my Newsletter | Subscribe to my Trade Signals | Subscribe to my Newsletter using a KIVA gift certificate | KIVA loans supported by membership | Testimonials | Find a Trading Job | Public Stockchart list | Market Links | Books | Data | Get Reviewed by me | Contact me | Search site | Blog Home

If you make a profit from information presented here, please consider making a donation to help run this site.
FEB 07
MAR 07
APR 07
MAY 07
JUN 07
JUL 07
AUG 07

Newsletter, Members Click Here. To Subscribe - click Bull icon. August 30th: A mixed day for the indices followed on from the broad bullish reversal of Wednesday. There was a slight climb in both price and volume to register technical accumulation days for the NASDAQ and NASDAQ 100, while modest losses hit the large caps, Dow and S&P. There was no climb in volume for large cap losses, which in itself is bullish. It's a fine call, but both the NASDAQ and NASDAQ 100 closed ever so slightly above the 50-day MAs. Nasdaq market internals [$NASI, $NAA50R and $BPCOMPQ] closed higher, but were otherwise unchanged.

Target hit: SIGM was a Subscriber pick for July 21st. The stock gapped above its target price to close with a 51% gain.

Stop hit: None

Newsletter, Members Click Here. To Subscribe - click Bull icon. August 29th: Tuesday's percentage losses were quickly consigned to history, to the extent Wednesday's buying recorded net gains for indices like the NASDAQ, and NASDAQ 100 for the two day period. Volume climbed to turn Tuesday's distribution into Wednesday's accumulation for the NASDAQ and Dow. There are still concerns; the Dow remains confined by its declining channel, but remaining key indices bounced off such channel resistance - now support. The Russell 2000 even managed a picture perfect bounce from the back test of the August breakout gap. Nasdaq market internals [$NASI, $NAA50R and $BPCOMPQ] are all net bullish once more as Tuesday's bearish cross of the 5-day EMA in the $NAA50R was negated. The 50-day MA is still resistance for the Dow, NASDAQ 100, NASDAQ, and S&P - tomorrow will be a big 50-day MA test for all indices (bar the S&P) as most finished the day nestled against this important intermediate term moving average.

Target hit: None

Stop hit: None

Newsletter, Members Click Here. To Subscribe - click Bull icon. August 28th: It is difficult to gauge how bad Tuesday's selling was - yes, it was bad on a percentage basis - but volume was hardly spectacular (although it did register as a bearish distribution day). Tuesday was one of those days bottom fishers love - a big single day point loss, in an oversold market. The only spanner in the works is the distance to nearest support for some of the indices, which for the likes of the semiconductor index is the recent reaction low made mid-August. The August breakout gap closed in the Russell 2000, which is perhaps the best value of the indices given its deeply oversold status, but the index also confirmed the 200-day MA as resistance - curbing some of the bullish enthusiasm. The channel breakouts in the NASDAQ 100, semiconductor index, and S&P are no more. In addition, the NASDAQ 100, NASDAQ, and S&P confirmed the 50-day MA as resistance, as the 200-day MA gave way as support for the S&P and semiconductor index. The NASDAQ finished at 200-day MA support, leaving the NASDAQ 100 and the Dow the only two indices above their 200-day MAs.

Nasdaq market internals [$NASI, $NAA50R and $BPCOMPQ] weakened to the extent the Nasdaq Percentage Stocks above their 50-day MA ($NAA50R) cut below its 5-day EMA, but bullish divergences remain in its supporting technicals, and there is a good chance a bullish divergence will develop in the indicator itself relative to the NASDAQ.

As for trading strategies; accumulate market ETFs on big sell offs like Tuesday's. Don't throw your eggs in all one basket - spread available monies to cover a few days like these, and exit if August lows are breached (as this would mean another leg down for the market).

Target hit: none

Stop hit: CRNT dropped for a second day into its stop to close all six open positions; the May Subscriber picks closed for a 130% and 98% gain respectively. Later Breakout plays closed for a 62% gain, 39% gain, 18% gain and a 12% loss. AZZ was a Subscriber pick for August 22nd, it eased back into its stop for a 12% loss.

Newsletter, Members Click Here. To Subscribe - click Bull icon. August 27th: Modest weakness saw low volume drops, but no break of the eight day rally in any of the key indices. The Russell 2000 took the biggest hit at over a 1% decline. A back fill of the August breakout gap would look to be the most likely outcome for this index in the short term. Similar backfills are likely in the other indices, but small caps should be the first to lead such a move down given the index ranks as the weakest index {Tech > Large caps > Small caps}. The semiconductor index is struggling at the 20-day MA and will soon be back at the 200-day MA, while the NASDAQ 100 lingers around its 50-day MA. Tomorrow is another day.

Target hit: none

Stop hit: UVE was a Subscriber pick for August 22nd. The stock exited on the lows of the day for a 7% loss (but did make a positive test of the 20-day MA).

Newsletter, Members Click Here. To Subscribe - click Bull icon. August 25th: Markets continued to drift up in light volume. I did a blog piece about how the Nasdaq Summation Index ($NASI) and NASDAQ behaved during some of the past bottoms, which may have relevance in the current situation (the 1998 example would be a worse case scenario). . My real-time Trade Ideas scan was showing slightly better intraday buying than recent days, but is still well down on typical bullish days. The good news for the indices was how many of them cleared declining channels - the S&P joined the fun today (and the NASDAQ 100 put a little more air between it and former channel resistance). The semiconductor index triggered a MACD 'buy' building on similar triggers in the NASDAQ and NASDAQ 100.

Nasdaq market internals [$NASI, $NAA50R and $BPCOMPQ] continued to advance, but it will be another few weeks before we know if last Thursday marked the true low, or if indices are headed for new reaction lows. The performance of my Collective2 portfolio has been disappointing as two recent stock trades have exited on volatility (AMSC - newsletter pick for August 20th, and UVE - newsletter pick for August 22nd), reducing my equity exposure down from 33% to 15%. So it is still a wait-and-see game for buying individual stocks.

I haven't received my email for the Ticker Sense Blogger Sentiment Poll (30-day S&P outlook), but my call would remain 'Bullish' for the coming 30 days.

Target hit: none

Stop hit: ALVR was a Subscriber pick for August 20th. Although it finished with a bullish doji it did not prevent the stop hit for a 10% loss. BPUR hit its stop after the June 27th Subscriber pick posted early gains to rise 28%, only to close at the end with a 9% loss. CLN was a Subscriber pick for August 20th which had a somewhat tighter stop range - unfortunately it too went the way of the Dodo for an 8% loss.

Newsletter, Members Click Here. To Subscribe - click Bull icon. August 23rd: Bears made modest inroads into the week long rally as indices like the NASDAQ 100 and S&P struggled at channel resistance, while the Russell 2000 banked the biggest loss on the day - threatening its relative market leadership position. Technical strength ran in the bulls favor with the Dow and NASDAQ 100 adding a MACD trigger 'buy', similar to those found in the other indices. Many indices were able to complete important Fibonacci retracements between August reaction highs and lows, and are well placed to make a challenge on the August lows, lows I consider to be major support. Indices may not make it all the way there - but if you take advantage of a big down day (>1% loss) one can be sure of buying value.

Target hit: none

Stop hit: none

Newsletter, Members Click Here. To Subscribe - click Bull icon. August 22nd: Another big gap up - and another day when the bulls couldn't follow through on early strength, making their move with only a modest uptick in volume. The gains did enough to break channel resistance for the NASDAQ and semiconductor index. In addition, there was a MACD trigger 'buy' for the NASDAQ, as well as a bullish cross in on-balance-volume (favoring accumulation). Relative market strength shifted so that Tech superseded Large caps {Small caps > Tech > Large caps} to leave the relative strength of the markets in their most bullish alignment. Nasdaq market internals [$NASI, $NAA50R and $BPCOMPQ] further strengthened the bottom with a MACD trigger 'buy' for the Nasdaq Summation Index ($NASI) and Bullish percents ($BPCOMPQ), with a bullish cross of the 5-day MA for the $BPCOMPQ; thereby confirming the NASDAQ low of 2,386 as a bottom of substance. Weakness at this juncture should be bought - indeed the internals of the NYSE and S&P are more oversold than those of the NASDAQ and there may be better opportunities for long term holders, or retirement account buyers, to look at some of the beat up large cap stocks.

None of this precludes the chance for new reaction lows in the markets A similar set up occurred in 1998 when market internals made what looked to be a good bottom only for the indices to collapse soon after what, with only a modest rise in the internals. The internals haven't started to rise yet, but given the precipitous drop it would be tough to argue against a great buying opportunity here - or even on the next reaction low. How should one play it? If the indices take a greater than 1% loss for the day - start buying (this will be value buying). Momentum buying is still another month away because new stock leaders need time to establish themselves (cup-and-handle patterns have a minimum time frame of 5 weeks).

Target hit: none

Stop hit: MCZ was a Subscriber pick for August 21st and hit its stop at its lows for a 7% loss.

Newsletter, Members Click Here. To Subscribe - click Bull icon. August 21st: A second day of low volume activity kept indices inside their 61.8% Fibonacci retracements for the July-August sweep. Swing traders are well placed to take advantage - buy a break of Tuesday's highs, sell a loss of Tuesday's lows with a stop on the reverse side. Look for a move to last week's lows for a downside break, or a move up to the 50-day MAs if bulls continue to push this advance. Technicals were little changed although there are early signs of improvement, notably bullish divergences in the MACD histograms of the NASDAQ and semiconductor index (although not for the NASDAQ 100), with a similar developments for the Dow and S&P. The best index for a reversal is the Russell 2000 which has well developed bullish divergences in the CCI and MACD trigger line (plus MACD histogram). Bulls will be concerned with declining channel resistance in the NASDAQ and semiconductor index, but a break of Tuesday's highs would negate such resistance.

Nasdaq market internals [$NASI, $NAA50R and $BPCOMPQ] are still working on confirming a NASDAQ bottom with a MACD trigger 'buy' in the Percentage of Nasdaq Stocks above the 50-day MA ($NAA50R). Similarly, bullish divergences are forming in the ultimate oscillators of the $NAA50R and $BPCOMPQ - strengthening last Thursday's lows as an important bottom.

Target hit: none

Stop hit: ABAT featured as a Breakout pick for August 15th and a Subscriber pick for July 9th; the latter closed for a 3% gain, the former for a 7% loss.

Newsletter, Members Click Here. To Subscribe - click Bull icon. August 20th: Status quo held from Friday. No technical change for the indices, and only the semiconductor index showing some modest improvement. Today's action will come as a welcome break for those dizzied by all the recent volatility. I would like to see some of the gaps created by Friday's opening surge closed - so look for some light volume weakness over the course of the week.

Target hit: none

Stop hit: none

Newsletter, Members Click Here. To Subscribe - click Bull icon. August 18th: The Fed tried to meddle in the affairs of the market and although the indices closed significantly higher there was no great swell of buying (my Trade Ideas scan was showing a comparable level of buying to that of Tuesday and Wednesday - not good). Volume also disappointed and was well down on the previous day - all the more surprising given its was an expiration day. On the good news front, the Dow bounced off its 200-day MA and the NASDAQ closed above its after spending two days below this average. The NASDAQ 100, like the Dow, worked off its 200-day MA, but finished Friday below April-June support (current resistance). Technicals of these indices are weak and continue to weaken. The semiconductor index lost March-June support but was able to close Friday above this support level in what could turn out to be a Bear Trap; the question for this index will be whether it can break nearby 50-day (506.84) and 20-day (501.60) MA resistance. The best chance may lie in the Russell 2000 which broke from a declining channel with developing bullish divergences in the MACD trigger line and CCI. If a bottom is going to form for the market as a whole it should be the Russell 2000 which leads the indices out.

Nasdaq market internals [$NASI, $NAA50R and $BPCOMPQ] continued their slump, moving deeper and deeper inside oversold territory and are well inside bounce territory (S&P market internals are more oversold than those of the Nasdaq). The Nasdaq Percent of Stocks Above 50-day MA ($NAA50R) made a bullish cross of its 5-day EMA with a bullish divergence to its MACD trigger line (another good sign for a bottom).

The question on most people's lips will be when will this cyclical bull market end and the next cyclical bear market (within the current secular bear market) begin? One sign will come from volatility - if it breaks above 35 and holds this level as support it would enter territory associated with the blowoff top of 2000 and the subsequent rout in 2001 and 2002. If either one was to occur it would signal the end of the cyclical bull market (but the former would create a good money making opportunity, facilitated by this market bottom). Because of the oversold nature of this market I an bullish for the Ticker Sense Blogger Sentiment Poll (30-day S&P outlook).

Target hit: none

Stop hit: STJ was a Subscriber pick for July 19th and hit its stop on a volatile Friday for a 7% loss.

Newsletter, Members Click Here. To Subscribe - click Bull icon. August 16th: A wild day to cap the last few days of selling. Thursday's selling had all the look of a capitulation, but I would not consider this the end of the downside. When markets gap down, panic, rally back to the open price (creating a bullish candlestick 'hammer'), but don't close the gap - then the bearish gap dominates over the following buying. The good news for bulls is that the lows of Thursday look pretty good as a bottom - even the S&P made a picture perfect test of its measured move target from the first wave of selling triggered in July. What one is likely to see is some follow through upside into the quagmire of early Augusts volatile trading, before the markets are 'walked' back to Thursday's lows. The next attempt on Thursday's lows should occur on insipid volume - in line with seller's exhaustion, thus confirming the bottom.

Nasdaq market internals [$NASI, $NAA50R and $BPCOMPQ] have reached some extreme oversold levels and there should be real value here; the $NASI is only 65 points away from a typical strong bottom and the $BPCOMPQ closes to 2 points from a bull market bottom (which this still is for now). As for this long standing cyclical bull market - it is looking in trouble. The indices have perhaps too much groundwork to cover (to reach new all-time highs) before bears kick it back. Why? Because fear is back (see volatility), and buyers will be reluctant to break to new highs knowing what has gone before.

Target hit: none

Stop hit: SGMO was the only Breakout for Thursday and it hit its stop by a penny; this closed the play for a 4% loss, but the earlier July 11th Breakout play closed for a 14% gain and the June 18th play for a 25% gain. ALY clipped its stop even though it was able to find support at the 200-day MA. The August 10th Subscriber pick closed for a 11% loss. AXL was another mixed bag of volatility which was a Subscriber pick for August 14th; it closed for a 11% loss. COOL was a Subscriber pick for July 10th - a tick error didn't protect the stock from Thursday's stop hit. The play closed for another 11% loss, disappointing given the early 37% gain.

Newsletter, Members Click Here. To Subscribe - click Bull icon. August 15th: Another layer of weakness piled pressure on the bulls. The 200-day MA of the NASDAQ was breached, leaving the Dow and NASDAQ 100 as the only primary indices above this moving average. But the NASDAQ 100 lost support connecting May-June lows. There was worse news for the Tech averages [NASDAQ and NASDAQ 100] as the semiconductors gave up March-June rising support at the 200-day MA. Nasdaq market internals [$NASI, $NAA50R and $BPCOMPQ] dropped deeper into oversold territory. The Nasdaq Percent of Stocks Above 50-day MA $NAA50R has reached absolute lows associated with bull markers (but some 10 points from lows associated with bear markets). The Bullish Percent Index ($BPCOMPQ) has 5 points to run before it reaches absolute bull lows (25 points before it gets to bear lows). The Nasdaq Summation Index ($NASI) has just over 100 points to go before it reaches typical reaction lows associated with bull and bear markets.

Target hit: none

Stop hit: none

Newsletter, Members Click Here. To Subscribe - click Bull icon. August 14th: New closing lows for large caps: Dow and S&P, will add pressure on the other indices to follow suit. To add insult to injury the 200-day MA of the S&P is no more, joining the Russell 2000 in its struggles. The Russell 2000 might have the most to gain given it is the hardest hit of the indices - but is looking oversold relative to the other indices. It has 20 points of wiggle room before it reaches its lows and the with 200-day MA consigned to history as support one can now look to the 20-day MA as binding resistance. A Russell 2000 break of its 20-day MA would be an alternative buy signal with the most recent reaction low prior to the 20-day MA break a new stop level. The NASDAQ closed right on the 200-day MA - which is either an ideal buy (with about a 1% stop), or the start of a new measured moved down to 2,393. The NASDAQ 100 has plenty of room to run down to its 200-day MA and will likely be the last index to test this moving average. Semiconductors were rebuffed by their 50-day MA and are now on the way to testing combined support of March-April-June reaction lows and nearby 200-day MA. How this index reacts here will be a marker of support for the NASDAQ and NASDAQ 100.

Target hit: none

Stop hit: BLTI was a failed Subscriber pick for August 10th; three day of losses soon negated the break of resistance, closing the plaly for a 12% loss.

Newsletter, Members Click Here. To Subscribe - click Bull icon. August 13th: No winner on the day with bears taking a little more off the Russell 2000 than from other indices. Large caps [S&P and Dow] are fighting it out with Tech [NASDAQ 100 and NASDAQ] for relative dominance - but there is no clear victor yet. The 200-day MAs remains key for all important indices other than the Russell 2000 - where this line is resistance. Other than this it was a unusually quiet day given what has gone in the past.

Target hit: none

Stop hit: none

Newsletter, Members Click Here. To Subscribe - click Bull icon. August 11th: A wild day for indices. The Russell 2000 is starting to find some form to the extent it is the leading index in terms of relative strength, with Tech [NASDAQ 100 and NASDAQ] following behind {Small caps > Tech > Large caps } - this is the most bullish alignment for markets. Volume dropped from Thursday, another sign that sellers are running out of steam. The presence of the 200-day MA for the NASDAQ and S&P, combined with further drops in Nasdaq market internals [$NASI, $NAA50R and $BPCOMPQ], will help firm up support for these indices. As TraderMike noted in his most recent post, on-balance-volume has been positively diverging to the indices, and for the likes of the NASDAQ and S&P, closed at new reaction highs. Although I have missed the last couple of the Ticker Sense Blogger Sentiment Polls I have turned Bullish for the next 30 days. With markets close to significant support there is a buying opportunity - but one should not ignore stops; be it 1% from the 200-day MAs, or a fixed % based on available capital. After preparing my weekly review of the public Stockcharters (available on my blog) I am prepared to wait a little longer before making a 'buy' call.

Target hit: none

Stop hit: RWC, hit its stop after a second day of declines. The May 22nd Subscriber pick and June 14th, July 20th Breakout plays closed for a 6% gain, flat, and a 11% loss. ANDE didn't last the day. The Subscriber pick closed for an 8% loss.

Newsletter, Members Click Here. To Subscribe - click Bull icon. August 9th: Major point losses for large caps (Dow and S&P) took all of the gloss - and then some - from Wednesday's mini-breakouts. The net effect was to return the Dow and S&P back into the mire of last week's lows. The percentage losses afflicting the indices look worse than actually represented, as all indices feel their way towards a bottom. The net effect of Thursday's declines was to push the indices into last week's volatile trading range, which amounts to no change at all. Nasdaq market internals [$NASI, $NAA50R and $BPCOMPQ] remain in market bottom territory so there would be some cause for optimism for buyers to take advantage of sizable down days such as Thursday and put some money to work.

Target hit: none

Stop hit: none

Newsletter, Members Click Here. To Subscribe - click Bull icon. August 8th: A day when large caps shined as leadership shifted in their favor {Large caps > Tech > Small caps} - this is the most bearish alignment with respect to relative strength for the indices, although upcoming buying opportunities are likely to be found in large cap tech stocks (CSCO is a good example). Both the Dow and S&P closed Wednesday on resistance breakouts, similar to those seen in March. If the Dow drifted back to the 13,500s and the S&P to the 1,480s it would signal a relatively low risk buying opportunity. Recent weakness in semiconductors cannot disguise their current run of good form and prior break of major resistance of 510. Although the index failed in its first attempt to hold 510 it is well positioned to make another attempt at this level and has the 200-day MA nearby to lend a hand as support (in addition to earlier support at 492). Semiconductors closed right on their 50-day MA which is resistance as of Wednesday's close - so it may flounder around this level for another few days before pushing higher. Other indices to benefit from an improving semiconductor index are the NASDAQ 100 and NASDAQ. The latter enjoyed a huge spike in volume, but ended the day below a combined resistance level of former May-July channel support and 50-day MA. The positive test of the 200-day MA was associated with three strong accumulation days of volume, so even if the NASDAQ was to revisit (or undercut) 2,492 it should be considered a good buying opportunity. The series of accumulation days helped resume the upward trend in on-balance-volume, although the shift away from Tech towards Large caps with respect to relative strength is pause for concern. The NASDAQ 100 is in stronger shape and is some distance away from its 200-day MA. Wednesday's gap confirmed a break of 2-week declining resistance, shifting the balance to a more neutral / sideways stance. It too enjoys a resumption of its accumulation trend in on-balance-volume. The only index to continue to struggle is the Russell 2000. Short covering likely accounted for much of the last couple days of buying and the index is firmly entrenched below its 200-day MA. There is still much ground work to cover before it can be considered out of the woods.

It has taken a while for it to happen but the Nasdaq market internals [$NASI, $NAA50R and $BPCOMPQ] have finally reached levels associated with good reaction lows. For trading purposes one should consider 2,491 in the NASDAQ at important support level. This low may be violated on the next downleg, but should such a break occur on rising Nasdaq market internals [$NASI, $NAA50R and $BPCOMPQ] - i.e. creating a bullish divergence - it would signal a strong buy for composite stocks, futures, or the Qs.

Target hit: none

Stop hit: A few more fell by the wayside since last week's update: CFW fell for a 9% loss, WCAA fell for a 6% loss as a Breakout play and a 3% loss for Subscribers. SWEB registered as a 23% loss for Subscribers - the seventh ranked worst loss of all-time for one of my Subscriber picks. ATCO was another Subscriber pick to go the way of the dinosaurs for a 13% loss. ARGN also was struck down for a 10% loss. CHINA came in for an 8% loss. DMRC was another failed mover and shaker for a 7% loss. SCUR clipped its stop during the week for a 9% loss. UTVG was a high risk play which didn't offer much in the end, it closed for an 18% loss.

Stockchart public list - please remember to vote!

Back to top

Disclaimer

The information found on the Fallond Stock Picks Inc. website (www.fallondpicks.com) has been prepared without regard to any particular investor's investment objectives, financial situation, and needs. Accordingly, investors should not act on any information in this site without obtaining specific advice from their financial advisors and should not rely on information herein as the primary basis for their investment decisions. Information contained herein is based on data obtained from recognized statistical services, issuer reports or communications, or other sources, believed to be reliable. However, such information has not been verified by Fallond Stock Picks Inc. or any of its employees, Fallond Stock Picks Inc. makes no representations or warranties or takes any responsibility as to the accuracy of completeness of any recommendation or information contained herein. Fallond Stock Picks Inc. accepts no liability to the recipient whatsoever whether in contract, in tort, for negligence, or otherwise for any direct or consequential loss of any kind arising out of the use of the information provided on this website, or of the recipient relying on any such recommendation or information (except insofar as any statutory liability cannot be excluded). Any statements nonfactual in nature constitute only current opinions, which are subject to change without notice. Fallond Stock Picks Inc., or their respective affiliates or their officers, directors, analysts, or employees may have positions in securities referred to herein. Neither the information nor any opinion expressed shall constitute an offer to sell or a solicitation or an offer to buy any securities mentioned herein. This document does not purport to be a complete description of the securities market or developments to which reference is made. There may be instances when fundamental, technical, and quantitative opinions may not be in concert. There are risks inherent in all investments, which may make such investments unsuitable for certain persons. These include, for example, economic, political, currency exchange, rate fluctuations, and limited availability of information on international securities. Fallond Stock Picks Inc. and their affiliates make no representation that the companies which issue securities which are the subject of their research reports are subject to, or in compliance with certain informational reporting requirements imposed by the Securities Exchange act of 1934. Sales of securities or services covered in any report or on the web site may be made in only those jurisdictions where such securities or services and Fallond Stock Picks Inc. are qualified for solicitation. Fallond Stock Picks Inc. does not warrant, represent or endorse the accuracy or reliability of any of the information, content, advertisements, or Third Party Sites and Content (as defined below) (collectively, the "Materials") contained on, distributed through, or linked, downloaded or accessed from Fallondpicks.com, nor the quality of any products, information, or other materials displayed, purchased, or obtained by you as a result of an advertisement or any other information or offer on or in connection with Fallond Stock Picks Inc. You acknowledge that any use of or reliance upon any Materials shall be at your sole risk. Fallond Stock Picks Inc. reserves the right, in its sole discretion and without any obligation, to make modifications to any portion of the Fallondpicks.com web site or publications at any time. You acknowledge and agree that you bear responsibility for your own investment research and investment decisions, and that Fallond Stock Picks Inc. shall not be held liable by you or any others for any decision made or action taken by you or others based upon reliance on or use of information or materials obtained or accessed through use of Fallondpicks.com. Prior to any transaction in securities, you should consult with a qualified professional securities or financial advisor.

Copyright 2004 Fallondpicks.com