Long Position - ABK
Action number references are to actions shown
on the Action History Chart at the bottom of the page.
Step number references are to Tutorial Steps.
If you need help with terminology refer back to that Step of the Tutorial or the
FAQs associated with that Step.
We added this one to the portfolio because we like the looks of both
the Configuration and Action History charts, it has a moderate Risk Corridor,
and it looks like it is ready to break-through its recent high.
Action 1) - 12/4/05:
Step #1 - NYSE registers a Stage 3 - Bull Market.
 Step #3 -
ABK flashes a Buy Configuration Signal
(click on Configuration
Chart, to the right). We execute the Buy. Initial Sell-Stop is established off the
valley-bottom resistance points which are below the 30wk moving average. Risk
Corridor is a very moderate 15.7% (see Action History Chart, below).
Action 2) - 3/19/06:
Step #4 - A valley-bottom is being declared at the 1/20/06 close at
$74.17, with three confirming subsequent increases in price at 1/27 ($76.55),
3/10 ($78.13), and 3/17 ($80.33). Since the 1/20 valley-bottom is above the 30wk moving average, we
adjust the Sell-Stop to the 30wk level at $74. From this point forward,
Sell-Stops are adjusted upward in $1 increments in tandem with the 30wk (see
Action History Chart, below).
Actions 3) through 12):
Step #4 - Sell-Stop adjustments in tandem with the 30wk moving
average (see Action History Chart, below):
3) 4/2/06: 30wk = $75.06 rounded down to $75
4) 4/23/06: 30wk = $76.00 (no rounding required)
5) 5/14/06: 30wk = $77.22 rounded down to $77
6) 5/28/06: 30wk - $78.02 rounded down to $78
7) 7/30/06: 30wk - $79.20 rounded down to $79
8) 8/27/06: 30wk - $80.10 rounded down to $80
9) 9/17/06: 30wk - $81.04 rounded down to $81
10) 10/22/06: 30wk - $82.05 rounded down to $82
11) 12/10/06: 30wk - $83.07 rounded down to $83
12) 1/7/07: 30wk - $84.15 rounded down to $84
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