Some Additions to mu portfolio

Earlier in the week before the recent market correction I made a few buys in the Barchart Van Meerten New High Portfolio.  The additions were Equity Residential (EQR), Bed Bath & Beyond (BBBY) and Nippon Telegraph and Telephone (NTT).  They have moved a little since then but I think they are still sound.

Equity Residential (EQR)

Barchart technical indicators:

• 72% Barchart technical buy signal
• Trend Spotter hold signal
• Above its 2, 50 and 100 day moving averages
• 15 new highs and up 2.84% in the last month
• Relative Strength Index 53.75%
• Barchart computes a technical support level at 64.40
• Recently traded at 64.80 with a 50 day moving average of 63.05

Bed Bath & Beyond (BBBY)

Barchart technical indicators:

• 64% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 100 day moving average
• 14 new highs and up 10.06% in the last month
• Relative Strength Index 62.98%
• Barchart computes a technical support level at 62.54
• Recently traded at 63.13 with a 50 day moving average of 60.67

Nippon Telegraph and Telephone (NTT)

Barchart technical indicators:

• 72% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 6.54% in the last  month
• Relative Strength Index 59.04%
• Barchart computes a technical support level at 33.39
• Recently traded at 33.28 with a 50 day moving average of 31.40

In the most recent Marketocracy rankings this portfolio beat 97.9% of the 100,000 portfolios they review and beat 90.4% for the 5 year period.