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Three of the Nasdaq Four Horseman Are Limping

Friday, February 22, 2008 | 11:35 AM

in Markets | Quantitative | Technical Analysis | Trading

Apple (AAPL), Google (GOOG) and Baidu (BIDU) -- three of the NASDAQ FOUR HORSEMAN -- have been coming up gimpy since their FusionIQ timing sell signals (triggered at much higher levels several weeks ago).

These stocks have fallen precipitously since those Sells.

Only Research in Motion (RIMM) -- which gapped open strongly yesterday -- acts well. The other three horsemen stocks have clearly broken their uptrends, and are in the process of being repriced. We point this out because trading highly volatile names like these can be dangerous especially if one doesn't have a Sell Discipline.

Unbiased, indicator-driven trading signals can help make you a better investor. Whether its based on technicals, fundamentals, valuation or quantitative research, having a non-emotional layer to your investing/trading plan is always helpful.

I am biased towards our signals (FusionIQ), but any objective timing method that would have gotten you out of the way in these 3 names weeks ago is a good thing -- you would have avoided a lot of pain.

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Four Horseman of Nasdaq

note: Sell Signals are indicated with a red "S"

Apple (AAPL)