*Blue Plate Specials* Portfolio – 9/21/10

Market Notes
The feel-good mood spurred by the Fed quickly waned as the post-decision rally lost ground as quickly as it rose, leaving the major averages essentially unchanged from the open. The good news is that the DTX almost closed above 452 major resistance; the bad news is that the Trin and the VIX both closed higher so don’t be surprised if the market takes a breather tomorrow.

New Long Portfolio
Today there were quite a few low-priced and speculative leaders and I chose two from the speculative list. During a bull market, better returns are made from the smaller stocks and they are something you might want to consider adding to your own portfolio. Today’s selections come from the following *Blue Plate Specials* lists: Breaking out to new highs (5), Breaking out to new highs on lower volume (1), Low-priced Leaders (2), and Speculative Leaders (2).


Today’s portfolio close-out
The 9/3 portfolio was cashed out for a nice little two week profit.


Tomorrow the 9/7 portfolio will be exited.

[See 4/21/10 blog for further details on how these portfolios are constructed.]

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