Earnings Preview:
Names expected to report this week include:

Monday, Dec. 10:
Before:  IPSU,MTN
After:  DMND, FCEL, HRB, NCS, SAI

Tuesday, Dec. 11:
Before:  BKRS, KR, MGAM
After:  ABM, COO, TUTR, VSTA

Wednesday, Dec. 12:
After:  ADCT, CKR, CPII, MATK, NOVL

Thursday, Dec. 13:
Before: AHCI, CIEN, COST, HSOA, JOSB, LEH, MESA, SMA, TTEC, WGO, ZOLT
During:  ASFI, PNY
After:  CAO, LEAP, ZQK, RSTO, RVI, UNCA, PAY

Friday, Dec. 14:
Before:  RTK

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. 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:

Hospira, Inc. (HSP) engages in the development, manufacture, and marketing of specialty injectable pharmaceuticals and medication delivery systems that deliver drugs and intravenous (I.V.) fluids in the United States and internationally. It has recently broken higher out of a monthly trading range after two waves of pullback since 2006 highs and a more narrow range throughout most of this year in which the monthly pattern was repeated on the weekly time frame. While the daily is less-than-ideal at this point, the upside on this is still rather substantial. It has an initial resistance level between $48-$50 and a larger potential target of $60+, so I will be building a position in HSP over the next couple of weeks to months.

Other stocks to watch:
Long: TK, FRO (similar pattern as HSP), BCR, GEF, GIB, EWW
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.


12/3/2007 I am very cautious at present in terms of entering new positions at this time. Many of them I am watching I expect could take several more months to develop. One such setup is Ameren Corp.  (AEE). Ameren Corporation, through its subsidiaries, operates as a public utility holding company in Missouri and Illinois.  It has moved back and forth in a nice trading range on the weekly and monthly time frames, as well as the daily. While it may be too early to break strongly on the monthly time frame, it is a position I expect to increase in momentum once the upper end of this larger range breaks. We may see it attempt to do so still in the next month or so, but otherwise it may rest for a longer base to congest along the highs of the range before it gives way.


Other stocks to watch:
Long: SGP in several months to continue the move off lows on that time frame.

11/26/2007 Greif, Inc. (GEF) engages in the manufacture and sale of industrial packaging products, and containerboard and corrugated products worldwide.  Back in 2005-2006 GEF had a very strong consolidation at its 52-week highs. In late 2006 it broke sharply out of that trading range into the end of the year. Since that point, however, it has fallen into yet another trading range at highs. Over the next couple of months I'll be monitoring GEF for more gradual corrections off the upper end of this range on light volume to begin building a position. I am looking for a break higher in GEF in mid-2008. This is a little premature at this point, but given the current market, most setups on the long side are going to need to take a bit more time to develop in order to qualify as much of anything other than a swingtrade or several week hold. (Early trigger on Nov. 28.)

Other stocks to watch:
Long: BFAM (early trigger on Nov. 28), FFG (early trigger on Nov. 28), SVNT (early trigger on Nov. 28), PCH (early trigger on Nov. 28), MGLN

Chunghwa Telecom Co., Ltd. (CHT) gave an initial buy trigger on 11/28/2007 over $19.47. It has highs thus far of $20.20 (+$0.73, +3.75%).

11/12/2007 Cintas Corporation (CTAS) provides specialty products and services, such as corporate identity uniforms, to various businesses in the United States and Canada. CTAS recently broke lower out of a descending triangle. I am expecting a move in CTAS into about $20. The current price location is not ideal on a daily time frame, so a bear flag or such on that chart would be worth watching for a lower risk entry trigger. $39. is resistance. (Higher risk entries available for those building a position already beginning at the $34 zone.)

Other stocks to watch:
Long: ADM gave an initial buy trigger on 11/12/2007 over $37. It has highs so far of $39 (+$2, +5.41%).
Short: WFC, LLY

11/5/2007 Magellan Health Services, Inc.  (MGLN) gave an initial buy trigger on 11/5/2007 over $46.08. It has highs so far of $47.20 (+$1.12, +2.43%).

10/22/2007Comstock Resources, Inc. (CRK) 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.

Other stock to watch:
Long: NDS Group (NNDS) gave an early buy trigger on 11/28/2007 over $56. It has highs so far of $60.46 (+$4.46, +7.96%). May still correct more on the weekly time frame.

10/15/2007 Chunghwa Telecom Co., Ltd. (CHT) gave an initial buy trigger on 11/28/2007 over $19.47. It has highs thus far of $20.20 (+$0.73, +3.75%).
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 $14.83 (+$1.39, +10.34%). 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.

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 $11.50 (+$2.16, +20.04%).  Initial targets hit.

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 $31.00 (+$1.75, +7.49%).

9/24/2007 Bard C R Inc. CR (BCR) gave an "early" buy trigger on 9/26/2007 over $87.46 (considered a high risk entry). 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. 9/10/2007 Cheesecake Factory Inc. (CAKE) gave an initial short trigger on 9/10/2007 under $24.07. It has lows so far of $21.45 (+$2.62, +10.61%). Can still be watched for a secondary setup on the monthly time frame. CAKE is boucning on the daily time frame as anticipated.

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 $56.35 (+$11.56, +25.81%).

9/10/2007 Goldcorp Inc. New (GG) gave a buy setup on 9/11/2007 over $26.44. It has highs of $38.11 (+$11.67, +44.14%).

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 Silicon Laborotories Inc. (SLAB) gave a buy setup on 9/10/2007 over $38.17. It has highs of $45.15 (+$7.33, +19.20%). Some trailing stops hit.

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 $38.16 (+$10.02, +35.61%). Some trailing stops hit.

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 $41.191 (+$9.13, +28.48%). Initial targets hit. 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. It has highs of $23.

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). Targets hit. Some trailing stops hit.

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 Pepsico Inc. (PEP) gave buy setup on 4/16/2007 over $64.59. Highs so far of $77.75 (+$13.16, +20.37% 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 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. Targets hit. 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 $41.19 (+$11.11, +36.93% move) so far. Initial targets hit. 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 $29.89 (+$6.45, +27.52% move) so far. Adjusted stop under $22.50 on remaining.

10/30/2006 AGCO Corp. (AG) gave a buy setup on 11/1/2006 over $27.68. It hit highs of $70.83 (+$43.15, +155.89% move) so far. Targets hit. 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 $29.24 (+$8.12, +38.45% move) so far. Initial target hit.

9/18/2006 Varian Inc. (VARI) gave a buy setup on 9/20/2006 over $48.75. It hit highs of $78.27 (+$29.52, +60.55% move) so far. Targets hit. Many trailing stops hit.

9/11/2006 Sigma Aldrich Corp. (SIAL) gave a buy setup on 9/15/2006 over $36.82. It hit highs of $54.39 (+$17.57, +51.68% move) so far. Targets hit. 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 $61.24 (+$27.24, +80.12% move).. Targets hit. 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 $63.50 (+$23.61, +59.19% 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 $37.74 (+$14.45, +62.04% move). Some trailing stops hit.

3/27/2006 Berkshire Hathaway, Inc. (BRK.B) gave a breakout on 5/16/2006 over $3000. It has highs of $5036.00 (+$2036, +67.87% move). - Brandon

* 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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