Earnings Preview:
Names expected to report this week include:

Monday:
Before:   ASTE, AUO, BOH, CRNT, CHKP, ECL, GNTX, HAL, HAS, JAKK, KMB, MRK, PETS, PVTB, RGS, RCL, GSP, VECO, WFT, ZBRA
After:  ALB, AXP, AMIS, APOL, AAPL, BRO, BKI, CR, DSCM, DST, EXP, EW, EFX, RE, XJT, FWRD, HXL, HUBG, JDAS, KRC, LNCR, NFLX, OMI, PTV, PRE, PCL, PLXT, RGA, SLG, TCO, TXN, TNB, TSS, UCTT, VLTR, BER, WNC, ZRAN

Tuesday:
Before:   FLWS, AKS, ALDN, AXE, AIT, ARW, ARTG, T, AVY, BKUNA, BIIB, EAT, BNI, CE, CNC, CNH, COH, CMCO, CBE, DD, ELON, FMER, ICLR, IHP, IIVI, JBLU, JCI, JRN, KELYA, KCI, LAB, LVLT, LXK, LMT, MDU, MICC, MNRO, NYT, OMC, OXPS, PCAR, PNR, PTEC, PCP, PRSP, RDWR, RYN, ROH, SAY, POOL, SHW, SII, STFC, TROW, AMTD, TLAB, TNC, TRAD, UAUA, UIS, USAP, UPS, USG, WDR, WAT, WU, WHR, WTNY, WRLLD, XTO
During:  TZOO
After:  ACE, AFL, AMZN, AMSG, ANAD, AJG, BRCM, BTUI, CHRW, BCR, CLMS, CLZR, CRI, CSCD, CEC, CTX, CAKE, CB, CNW, CSGS, CTS, CYMI, DDUP, DFG, EFII, WIRE, ENTU, EPIC, EPIQ, EEFT, FLEX, GSIG, HLIT, HOKU, ILMN, INGN, JNPR, LDIS, MANH, MCHP, NBR, NARA, NVLS, ORLY, PNRA, PFWD, PLT, PTP, PPDI, QLGC, RJET, RFMD, RVBD, SEAB, SBCF, SIAL, STM, SUPX, SWN, TRMB, TRMK, TUP, VOCS, XL

Wednesday:
Before:  AMG, APD, ATI, ABK, AEP, ABI, ACAT, ASPM, ATMI, AN, BA, BOBJ, CACH, CSL, CRA, CPS, CBR, CME, CCE, COP, GLW, CFR, DAI, DOV, ETH, FCX, GD, GENZ, HSC, KEM, KMT, LM, LII, MPX, MDP, MER, MLAN, MCO, MSM, NDAQ, NCC, NOV, NSC, OXY, PAS, PFCB, PRAI, PX, DGX, RAI, RES, R, SEE, SLAB, SNA, SWK, TASR, TIN, MDCO, TRB, UNF, WAB, WLP
During:  BUD, EGN
After:  RNT, ABAX, ACXM, AEIS, ADVS, AFFX, AEM, ARG, AKAM, ACL, ALGN. ACLI, ACF, AGP, ARRS, BBSI, BXP, CDNS, CLDN, CRUS, CPWR, CLB, EXBD, CSGP, CVD, CVA, EGP, ESIO, ESRX, EXTR, FFIV, FNF, FIS, FADV, FR, FISV, FORM, GDI, GGG, GRP, GSIC, HPC, IBKC, IGTE, INSU, IDTI, ICO, IRBT, KEX, LOOP, LSI, LMNX, MTSN, MSC, MRCY, MEOH, MCRI, MNST, MRH, MUR, NETL, NTRI, NUVA, OI, PRXL, PCTI, PNSN, PXLW, PSSI, PHM,QTM, STR, QDEL, RRC, RCRC, RNOW, RYL, SGMO, SCSS, SMDI, SSCC, SFG, STAR, STTS, SYMC, SMMX, TEX, TLGD, TSCO, TQNT, TGI, TYL, VAR, WOOF, WSTL, WSH, ZL, ZMH

Thursday:
Before:  ACPW, EYE, AET, ATG, ALK, ACV, ALXN, AMED, APA, ARQL, AGIX, ALV, AVT, AVX, BLL, BLDP, BDC, BLC, BHE, BDK, BKHM, BWA, BOW, BMY, BW, BG, CCMP, CRR, CBZ, CCBL, CDI, CELG, CEN, CXG, CMCSA, CNMD, CNX, COT, CVTI, CMI, DLX, DO, DRAD, DTG, DDE, DVD, DOW, DEP, ELNK, ELN, EMC, EME, ECA, ENDP, ESV, EPD, EQT, EL, SSP, FCSX, FSS, FLIR, BEN, GMT, GGL, GR, GHL, HBI, HET, HHS, HCR, HTV, HMC, HUB.B, HUN, ICTG, IKN, IMN, IMCL, IPCC, IDC, ESI, JNS, KSU, KEYS, FSTR, LLL, LH, LMS, LTM, LIFC, LECO, LIZ, LKQX, ERIC, LYTS, LYO, MGLN, MATR, MBI, MWV, MEDE, MSTR, MEH, MKSI, MOT, MPS, NWL, NFX, NIHD, CHUX, OMX, ODFL, ORI, OFIX, OVRL, PTIE, PMTI, PTI, PCCC, PENN, PCZ, PNW, PLUG, POT, PCH, PDS, PLD, QLTI, RHD, RSH, RJF, RTN, RGC, RTIC, RESP, ROK, SFUN, SEIC, SIFY, SLGN, SPIL, SO, SPAR, HOT, SU, SY, SNV, SYNT, SYPR, TSM, TDY, TRA, TMO, TSCM, TOC, TBL, TKR, TRV, UMC, LCC, UST, VDSI, VIGN, WMAR, WHQ, WEC, WWY, XEL, XMSR
During:  PPP, TOMO
After:  AEA, AYE, ACAP, AMGM, ANAN, AMCC, APLX, ARBA, ARTC, ASIA, AZPN, AVID, BIDU, BEZ, BJRI, EPAY, BFAM, BPL, BLDR, BLG, COG, CALD, CSH, POS, CLS, CX, CENX, CF, CTHR, CKFR, CLF, CNET, COHU, COLM, CVGI, CTV, DVW, CCI, CW, CYTC, DECK. DV, DRIV, DBTK, DDR, BOOM, EMN, ELX, ESLR, FALC, FII, FCTR, FMD, FDRY, FRNT, GNW, HAR, HIG, HITT, IKAN, IM, ISSI, IBKR, ITMN, XXIA, KCP, KLAC, LDSH, LFL, LSCC, LPNT, LAD, LAVA, MEE, MFE, WFR, MMSI, MCRL, MCRS, MSFT, MTX, MOBE, MRK, NATI, NTGR, NTCT, NEXT, EGOV, NINE, NVTL, ORCC, OPWV, OPLK, OSIP, PSEM, PKI, PYX, POWI, PWER, PSYS, RACK, RADS, RADN, ROP, RRR, SCSC, CKH, SIGI, SWIR, SKX, SNCI, STMP, SPF, STNR, SRCL, SNCR, TNL, TTEC, TRID, TMWD, ULTI, UNTD, VSEA, EICU, VPRT, VVUS, WEN, GB, YRCW, ZIGO

Friday:
Before:  CAS, ALEX, ALE, ABFS, BHI, BC, CCUR, CVG, CFC, CVH, EXC, FO, HMA, IDXX, IR, ITT, KIM, LZ, LABL, SAIA, TDW, THO, WI, WMI
After:  BVN, MTH

IMPORTANCE NOTICE:

In order to continue to receive this newsletter, please affirm your subscription through my new list server: AWeber. I am sending out confirmation emails this weekend. You can also enroll online at http://www.tonihansen.com/longterm-trading.html. 

I will soon be discontinuing use of the current mailing list platform and those whom do not confirm will be automatically removed from this mailing list when the move is complete. For those who receive duplicates of this newsletter in the interim, please excuse the inconvenience as it will be temporary! Once the move is complete I will also begin adding a video component to this letter as well! I hope you enjoy!

All my best,
Toni Hansen

Toni's Play of the Week:

Comstock Resources, Inc. (CRK) engages in the acquisition, development, production, and exploration of oil and natural gas. The company has onshore operations in the east Texas, north Louisiana, and south Texas regions, as well as in Mississippi.

CRK is a company that has been making new highs once again over the past week, moving steadily higher on a daily uptrend. This makes it less-than-ideal as a new position trade at this time. What does catch my attention, however, is the fact that CRK broke free from a choppy 2-year base at highs over the last two months. Often an initial upsurge will be followed by a retracement back into that earlier congestion zone. It is this potential that I will be watching for in the next couple of months to initiate a buy for a continuation. This pattern will take some time to develop and any move to new highs without that weekly-monthly correction would be on a swingtrade basis only, and not a position trade. I will provide more details as this pattern progresses. I have shown in green below how I am looking for this pattern to play out.

To give you a strong example of what this pattern looks like when played on, check out CHK. CRK is currently at a comparable weekly placement in its pattern as compared to the same level that CHK was at in June. CHK took until the end of August to correct before shooting higher.

Earnings Call: Tuesday, November 6th

Also of interest: NDS Group (NNDS) on a correction on a weekly time frame with a target of $75-$80 over the next 12-18 months.
Positions in green have triggered and are profitable. Positions in red have triggered but are not yet profitable. Those in blue have not yet triggered.


10/15/2007 Chunghwa Telecom Co., Ltd. (CHT) has been in a trading range for the past several years. In this past year the downside as a whole began to slow. There was a nice flush in August, but the prices rapidly recovered with the strongest upside momentum of the entire trading range. At this point I will be watching for basing action and pullbacks on the daily and weekly time frames to look to take a break in the highs of the channels from these corrections as a buy trigger. I have drawn one ideal version of this setup under the candlestick chart to illustrate how this pattern may play out. The green segments are the ones which would have yet to develop. An earlier trigger may occur, but the risk would then be higher for a larger correction back into the range before it would be able to continue higher once more.

10/8/2007 TheStreet.com Inc. (TSCM) gave an initial buy trigger on 10/8/2007 over $13.44. It has highs thus far of $14.68. It now is likely to correct on the daily time frame and possibly the weekly time frame. A gradual correction will provide a lower risk opportunity to enter this position or add to it.

Other stocks of interest: GEF and BFAM long.

10/1/2007 FormFactor, Inc. (FORM) - I am watching for a base to form on the weekly/monthly time frames for a breakout from this third test of highs on these time frames.

Other stocks to watch: PAYX, HSP, and CHRW

10/1/2007 Pain Therapeutics, Inc. (PTIE) gave an initial buy trigger on 10/1/2007 over $9.58. It has highs so far of $11.00 (+$1.42, +14.82%).

9/24/2007 Martek Biosciences Corp. (MATK) gave an initial buy trigger on 9/24/2007 over $28.84. It has highs so far of $30.59 (+$1.75, +6.07%).

9/24/2007 Bard C R Inc. CR (BCR) gave an "early" buy trigger on 9/26/2007 over $87.46. It has highs so far of $89.96 (+$2.50, +2.86%). A lower risk entry will be to wait for a pullback to buy on the weekly time frame.

9/24/2007 Adtran Inc. (ADTN) pff watch list.

9/24/2007 United Parcel Service Inc. (UPS) gave an initial buy trigger on 10/01/2007 at $75.54. It has highs so far of $76.87 (+$1.33, +1.76%). A lower risk entry will be to wait for a longer pullback to buy on the weekly time frame. 9/10/2007 Cheesecake Factory Inc. (CAKE) gave an initial short trigger on 9/10/2007 under $24.07. It has lows so far of $22.67 (+$1.40, +5.82%). Can still be watched for a secondary setup on the monthly time frame.

9/10/2007 Automatic Data Processing Inc. (ADP) gave a short setup on 9/10/2007 under $44.61. It has lows of $43.91 (+$0.70, +1.6%).

9/10/2007 International Rectifier Corp. (IRF) gave a short setup on 9/10/2007 under $33.23. It has lows of $30.47 (+$2.76, +8.31%).

9/10/2007 Newmont Mining Corp. (NEM) gave a buy setup on 9/11/2007 over $44.79. It has highs of $48.42 (+$3.63, +8.10%).


9/10/2007 Goldcorp Inc. New (GG) gave a buy setup on 9/11/2007 over $26.44. It has highs of $33.48 (+$7.04, +26%).

9/10/2007 Sysco Corp. (SYY) gave a buy setup on 9/18/2007 over $33.50. It has highs of $35.90 (+$2.40, +7.16%).


9/10/2007 Altera Corp. (ALTR) gave a buy setup on 9/18/2007 over $24.11. It has highs of $25.28 (+$1.17, +4.85%).

9/10/2007 Silicon Laborotories Inc. (SLAB) gave a buy setup on 9/10/2007 over $38.17. It has highs of $44.02 (+$5.85, +15.33%).

9/10/2007 Ebay Inc. (EBAY) gave a buy setup on 9/11/2007 over $35.90. It has highs of $40.73 (+$4.83, +13.45%).

9/10/2007 Verifone Holdings Inc. (PAY) gave a buy setup on 9/11/2007 over $39.69. It has highs of $47.00 (+$7.31, +18.42%).

8/13/2007 Iron Mountain Incorporated (IRM) gave a continuation buy setup on 8/31/2007 at $28.14. It has highs so far of $33.30 (+$5.16, +18.34%). My initial target is $40.

8/6/2007 Chesapeake Energy Corporation (CHK) gave an initial setup on 8/31/2007 over $32.06, but it can still have one more flush left in it on the monthly time time. It has highs of $38.48 (+$6.42, +20.02%).

7/9/2007 P T Telekomikasi Indonesia Sponsored ADR (TLK) gave a buy setup on 7/12/2007 at $48.50. It has highs so far of $56.94 (+$8.44, +17.40% move). Some adjusted stops hit.

6/11/2007 McGrath Rent Corp. (MGRC) gave a buy setup on 6/12/2007 over $32.16. It has highs so far of $36.75 (+$4.59, +14.27% move). Some adjusted stops hit.

6/11/2007 Shinhan Financial Group (SHG) gave a buy setup on 6/20/2007 over $125.98. It has highs so far of $148.99 (+23.01, +18.26% move). Some trailing stops hit.

5/21/2007 Saks Incorporated (SKS) may or may not have triggered, depending upon the entry strategy employed. If triggered, the entry was over $22.80. A few trades went off at that level to trip most stop buy orders.

5/14/2007 The Toronto-Dominion Bank (TD) gave a buy setup on 5/14/2007 at $62.89. It has highs so far of $77.63 (+$14.74, +23.44% move).

5/7/2007 Universal Health Services, Inc. (UHS) Two potential entries to day: May 7th and May 21st over the previous day's highs. Target: $90-$100. Tight trailing stops hit. Long term stops under 2005 lows.

4/16/2007 ConocoPhilips (COP) gave a buy setup on 5/14/2007 over $70.55. It has highs so far of $90.84 (+$20.29, +28.76% move). $60.00 is support.

4/16/2007 Kla-Tencor Corp. (KLAC) gave buy setup on 4/26/2007 over $54.95. Highs so far of $62.67 (+$7.72, +14.05% move).

4/16/2007 Amazon Com. Inc. (AMZN) gave buy setup on 4/16/2007 at $43.77. Highs so far of $96.73 (+$52.96, +121.00% move).

4/16/2007 Pepsico Inc. (PEP) gave buy setup on 4/16/2007 over $64.59. Highs so far of $74.25 (+$9.66, +14.96% move). Some trailing stops hit.

4/16/2007 Boeing Co. (BA) gave buy setup on 4/16/2007 over $91.10. Highs so far of $107.83 (+$16.73, +15.52% move). Some trailing stops hit.

4/9/2007 Schnitzer Steel Industries, Inc. (SCHN) gave a continuation buy on 4/16/2007 over $46.32. Highs so far of $77.70 (+$31.38, +67.75% move).

4/2/2007 Freeport-McMoRan Copper & Gold, Inc. (FCX) gave an initial buy on 4/3/2007 over $67.19. High so far of $120.20 (+$53.01, +78.90% move).

12/11/2006 The J. M. Smucker Company (SJM) gave a breakout buy setup on 2/13/2007 over $48.30. Highs of $64.32 (+$16.02, +33.17% move). Some trailing stops hit.

12/4/2006 Ross Stores, Inc. (ROST) gave a buy setup on 1/3/2007 over $31.15. It has highs so far of $35.17 (+$4.55, +14.61% move).

12/4/2006 Key Technology Inc. (KTEC) gave a buy setup on 12/18/2006 over $15.00. It reached highs of $31.65 (+$16.65, +111% move) so far. Some trailing stops hit.

12/4/2006 Granite City Food & Brewery (GCFB) gave a buy setup on 12/19/2006 over $5.35. It reached highs of $6.61 (+$1.26, +23.55% move) so far. Some trailing stops hit.

12/4/2006 Ceradyne Inc. (CRDN) gave a buy setup on 4/3/2007 over $56.00. It reached highs of $84.41 (+$28.41, +50.73% move) so far. Some trailing stops hit.

12/4/2006 ConocoPhillips (COP) gave a buy setup on 12/5/2006 over $67.66. This was a higher risk setup due to the lack of a weekly base. It reached highs of $90.84 (+$23.18, +34.26% move) so far. Some trailing stops hit.

12/4/2006 Questar Corp. (STR) gave a buy setup on 12/4/2006 over $43.65. This was a higher risk setup due to the lack of a weekly base. It reached highs of $58.75 (+$15.10, +34.59% move) so far. Some trailing stops hit.

12/4/2006 Chesapeake Energy Corp. (CHK) gave a buy setup on 2/23/2007 at $30.08. It reached highs of $38.48 (+$8.40, +27.93% move) so far. Some trailing stops hit.

11/6/2006 KT Corp. (KTC) gave a cont. buy setup on 11/7/2006 over $23.44. It hit highs of $26.67 (+$3.23, +13.78% move) so far. Adjusted stop under $21.72 on remaining.

11/6/2006 Ceradyne Inc. (CRDN) gave a cont. buy setup on 11/6/2006 over $48.33. It hit highs of $84.41 (+$36.08, +74.65% move) so far. Some trailing stops hit.

10/30/2006 AGCO Corp. (AG) gave a buy setup on 11/1/2006 over $27.68. It hit highs of $54.68 (+$27, +97.54% move) so far. Some trailing stops hit.

9/18/2006 Henry Jack & Assoc. Inc. (JKHY) gave a buy setup on 9/20/2006 over $21.12. It hit highs of $28.68 (+$7.56, +35.80% move) so far.

9/18/2006 Varian Inc. (VARI) gave a buy setup on 9/20/2006 over $48.75. It hit highs of $68.74 (+$19.99, +41.01% move) so far.

9/11/2006 Sigma Aldrich Corp. (SIAL) gave a buy setup on 9/15/2006 over $36.82. It hit highs of $51.07 (+$14.25, +38.70% move) so far. Some trailing stops hit.

8/7/2006 Stericycle, Inc. (SRCL) gave a buy setup on 9/20/2006 over $34.00. It has highs of $58.68 (+$24.68, +72.59% move).. Some trailing stops hit.

7/24/2006 Allegheny Energy Inc. (AYE) gave an initial watch list buy setup on 7/24/2006 at $39.89. It has highs of $57.44 (+$17.55, +44.00% move). The 20 week sma is support. Some trailing stops hit.

7/17/2006 Williams Cos. Inc. (WMB) gave a watch list buy setup on 7/24/2006 over $23.29. It has highs of $35.84 (+$12.55, +53.89% move). Some trailing stops hit.

7/10/2006 Immucor Inc. (BLUD) gave a watch list buy setup on 7/20/2006 over $19.77. It has highs of $39.96 (+$20.19, +102.16% move). $32.00 support. Some trailing stops hit.

7/3/2006 ITT Educational Services, Inc. (ESI) gave a breakout buy setup over the $66.18 zone on 7/28/2006. It has highs of $130.45 (+$64.27, +97.11% move) and support at $65. Some trailing stops hit.

6/05/2006 RPM International, Inc. (RPM) gave a breakout buy setup on 9/5/2006 over $19. Highs $25.74 (+$6.74, +35.47% move).  Most trailing stops hit.

3/27/2006 Berkshire Hathaway, Inc. (BRK.B) gave a breakout on 5/16/2006 over $3000. It has highs of $4335.00 (+$1335, +44.50% move). - Brandon

10/17/2005 ASML Hldg NV N Y SHS (ASMLD) over $17.50 on 11/02/2005. Highs $35.46 (+$17.96, +102.63% move) (channel break trigger). $17.00 is support for a long term position. Trailing stops hit for shorter term position traders. - Toni

* DISCLAIMER: Results are based upon best price hit before the position was closed, or the stop if that hit first. Note: Trading in commodities and securities may not be suitable for all individuals. Consult your broker or other professional to determine your suitability. The discussions provided by Trading From Main Street are for educational purposes only and should not be taken as a recommendation to buy or sell the referenced security. Past performance is not indicative of future results.

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