Update and new Momo's emerging

Well I'm back. I decided to follow both trading services, but currently I am focusing mostly on Stewie's Art of Trading service and his alerts. I started off papertrading the alerts, but then quickly started using real money, after being impressed. I am using small account sizes (and small trades) to start. For now, I'm going back to trading basics and trading straight stocks, not options. And I am finalizing a set of rules. For the week, I am in the black, albeit not by much-- in part because I ignored one alert to sell for a loss, and I was afraid to take the loss. I later took it, but by that time it was a bigger loss. I am learning to not be afraid of taking small losses, because if you don't they just get worse!

It's very interesting what is happening in the market. Some of the old leaders are still around, such as:

Cramer's 4 horsemen: AAPL, GOOG, RIMM, AMZN.
Ag's: POT, MOS, etc.
Medical: ISRG
Bank: GS

At the same time, new leadership is emerging. Hear are some of the new
momo's, many are in the IBD 100:

HEAT, PCLN, RAX, NANO, RINO

Check out this post:

http://stockbee.blogspot.com/2009/12/39-stocks-with-momentum_17.html

Also - get ready for the "Santa Claus rally" coming soon. Time for the fund managers to goose the returns and apply the window dressing:

http://www.crossingwallstreet.com/archives/2009/12/the_best_time_o.html