Wednesday, December 15, 2010

Right Now Technologies -- RNOW -- deleting

Today I'm deleting Right Now Technologies (RNOW) from the Barchart Van Meerten New High portfolio for negative price trends:

  • 100% Barchart short term sell signal
  • Lost 10.86% in the last month
  • Trading below its 20 and 50 day moving averages
  • Relative Strength Index 36.87% and dropping
Jim Van Meerten is an advisor to Marketocracy Capital Management who uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.

Disclosure: Jim Van Meerten through Marketocracy Capital Management has an interest in the stocks mentioned in this blog.

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