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By Rick Pendergraft
Dear Reader,
The five-year-old bull market is at a critical point.  Several factors lead to this conclusion.
The first factor is the 20-month moving average on the S&P 500 (SPX).  Many investors use this trendline as the line in the sand between a bull market and a bear market.  The SPX is less than one percent from it as I write this on Thanksgiving.
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Stock to watch today - IDOI.
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Thursday, 10 July 2008
Watch List for Thursday 7-10-2008
My new big pick is IDOI.
IDOI has been slowly creeping in price and looks like it's about to breakout in a steeper climb up.
View the one month chart here:

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=idoi&sid=
0&o_symb=idoi&freq=1&time=4

Let me tell you why I like IDOI.  They have a security x-ray machine used on shoes.  IDOI's security machine is already being used by various airports around the world and is getting very popular.

Do you remember InVision?  Before Sept. 11, 2001, InVision Technologies was flying under the radar, a sleepy startup company with only a smattering of orders for its explosive detection systems.  Now InVision's machines are used at most airports worldwide.

After 911 Invision went from trading at $3 a share to $25!!  GE later bought Invision for $50 a shares!!!

I don't know if IDOI will get this big but their shoe security machine is making lots of news and have been featured on numerous news stations on TV.

Taking off your shoe at the security check point at airports is dirty and time consuming.  IDOI's Mag Shoe machine is going to make a big impact on the security travel industry!

Start your research by going to IDOI's website: http://www.idosecurityinc.com

I will send more information on IDOI tonight.


Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment.

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Mid Day Update for Thursday 7-10-2008

GETG hit a new high today of $4.57 representing a gain of roughly 260% since my initial alert back on May 15th!!

IDOI - News
http://biz.yahoo.com/prnews/080710/nyth011.html?.v=101
IDO Security, Inc. developer of the innovative MagShoe(TM) "shoes-on" weapons metal detection system, today announced a distribution partnership with renowned security and consulting firm Bryant Integrated Technologies, headquartered in Miami, FL. Bryant will lead US distribution efforts for the MagShoe, a patented screening device for the shoes and lower body that fills a critical void in the security and loss prevention markets.

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GSPG - Momentum
http://finance.yahoo.com/q/bc?s=GSPG.OB
GoldSpring, Inc. is a North American precious metals mining company, focused in Nevada, with extensive, contiguous property in the Comstock Lode District

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UOMO - Volume Alert
http://finance.yahoo.com/q?s=UOMO.OB
UOMO Media Inc. is a multi-channel entertainment company that acquires, produces, and manages media content and digital assets. UOMO integrates existing and well-established revenue streams in recorded music, publishing, talent management and distribution through its four operating divisions

Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment.

Source : HotOtc
 
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