"I was asked by a student to provide a long term watchlist of stocks to consider for further study. So this LTPD will be about creating a watchlist for long term and retirement accounts.

We have a classic inverted head and shoulders bottom on the major indices that has completed. And the markets have been climbing all of September which is a deviation from the normal yearly cycle for stocks. I warned this summer that September could not be assumed to behave as it had in prior Septembers. What we see on every index chart is a climb out of the bottom with a steep ascent. Institutional investors have been buying quietly on weaker days and institutional traders have been speculating, driving price upward steeply. At some point this either needs to shift to a platform or it will start a correction that could last several months. Since we are now heading into the holiday season, news from the consumer product side of business will start taking front and center stage. If retailers have a better year than last year, which is highly probable (remember 90% of people are employed and there is a pent up desire to buy), then stocks that sell to consumers and consumer based products should enjoy a bit of a ride upward.

Profit taking will continue in vertically rising stocks which will allow investors to move into stocks that have been coming out of the bottom. You can see that the 2.8 year Great Bear Market of 2000-2002 was not as huge of a recovery so quickly. This is because the speculation was in the stock market that time. It was in the credit markets, derivatives markets, and real estate markets in 2007, so a faster recovery was to be expected as I advised earlier this year as the market began to bottom in March. But there are still plenty of great opportunities...

(Note from Adrienne:  Martha then goes on to give a list of 41 stocks to her students with the following instructions, see below:)

...These stocks were selected for further analysis based upon:

1. Weekly chart price, volume, and accumulation patterns.
2. Positive and or improving earnings and financials quarter over quarter.
3. Position style support nearby or probably correction soon back to support levels.

There is still a lot of analysis that needs to be done prior to any long term. In this market a position style entry should be considered. A pull back to support is another way to go.

There needs to be analysis of the fundamentals including guidance, new products, business expectations for 2010, etc.

These are not recommended buys at this time but are strictly for watchlists and further review. Choose stocks based on your personal criteria for your long term watchlists. Eliminate all that do not meet your personal criteria such as price, sector, trendline pattern, etc.

There are many more stocks that are worth considering for long term, this is just a small group."

Invest with Knowledge,
Martha

Martha Stokes, C.M.T.

Member of Market Technicians Association
Senior Technical Analyst: Decisions Unlimited, Inc.
Instructor and Developer of TechniTrader® Stock Market Courses
Martha Stokes, C.M.T. (c) copyright 2009 all rights reserved.

Disclaimer: All statements, whether expressed verbally or in writing are the opinions of TechniTrader®, its instructors and or employees, and are not to be construed as anything more than an opinion. Student/subscribers are responsible for making their own choices and decisions regarding all purchases or sales of stocks or issues. At no time is any stock or issue on any list written or sent to a student/subscriber by TechniTrader® and its employees to be construed as a recommendation to buy or sell any stock or issue. TechniTrader® is not a broker or an investment advisor it is strictly an educational service.

"Right now every company, especially the huge corporations are trying to find ways to jump start their business and use opportunities during this recession to create revenues and growth.

I was asked to discuss MOT and its potential during this slower economy.

First, it is important to remember that companies that are focused mostly on the business to business sales will outperform, for the most part, companies that are solely working on business to consumer sales. A few exceptions will be out there.

MOT:

This stock has risen out of an extreme oversold condition to start a bottom. It is now resting just above mild resistance for the long term. This stock was impacted primarily by the economic down turn.

Motorola’s efforts are to try and get customers to take advantage of the economic stimulus package and buy business broadband, education, law enforcement, and port security stimulus monies.

They have set up seminars to help businesses learn how to write grants to get stimulus money and then to buy Motorola products.

Motorola Business services are what is likely to drive this company forward over its consumer products. They have created several small business programs and partnerships to help small business compete.

This effort appears to be helping MOT make a major turnaround from huge negative earnings quarter over quarter to a positive earnings report last quarter..."                       Martha Stokes, C.M.T.

Member of Market Technicians Association
Senior Technical Analyst: Decisions Unlimited, Inc.
Instructor and Developer of TechniTrader® Stock Market Courses
Martha Stokes, C.M.T. (c) copyright 2009 all rights reserved.

Disclaimer: All statements, whether expressed verbally or in writing are the opinions of TechniTrader®, its instructors and or employees, and are not to be construed as anything more than an opinion. Student/subscribers are responsible for making their own choices and decisions regarding all purchases or sales of stocks or issues. At no time is any stock or issue on any list written or sent to a student/subscriber by TechniTrader® and its employees to be construed as a recommendation to buy or sell any stock or issue. TechniTrader® is not a broker or an investment advisor it is strictly an educational service.

"One of the hot new business services is cloud computing and a company that is running hard with the new concept is CRM Salesforce.com.

They have taken cloud computer and create sales cloud and service cloud software that has potential to generate plenty of interest from companies that are looking for ways to increase control over sales and marketing.

CRM is a young company that enjoyed a long term uptrend until 2008. It is recovering rapidly in 2009.

It has 124 mil outstanding shares. Right now there appears to be plenty of shuffling going on but no major changes in funds holding. It is widely held and has huge funds in the top 10 funds..." Martha Stokes, C.M.T.

Member of Market Technicians Association
Senior Technical Analyst: Decisions Unlimited, Inc.
Instructor and Developer of TechniTrader® Stock Market Courses
Martha Stokes, C.M.T. (c) copyright 2009 all rights reserved.

Disclaimer: All statements, whether expressed verbally or in writing are the opinions of TechniTrader®, its instructors and or employees, and are not to be construed as anything more than an opinion. Student/subscribers are responsible for making their own choices and decisions regarding all purchases or sales of stocks or issues. At no time is any stock or issue on any list written or sent to a student/subscriber by TechniTrader® and its employees to be construed as a recommendation to buy or sell any stock or issue. TechniTrader® is not a broker or an investment advisor it is strictly an educational service.