Can you believe it?

   The folks at Worden Brothers has finally made their Blocks charting software available at a price we can all afford.




When I attended the Blocks presentation in Tampa today (05/30/08) and they announced that Blocks 3.1 EOD version is now free I was really surprised by that.

Don't worry, they aren't NUTS!! they know once you learn to love Blocks you will purchase their additional offerings and there are several of them. Plenty of time to look at the offerings once you are comfortable with the software. It is a great charting software but like any charting software it has a learning curve.

Come September, I will start holding Blocks user meetings in the Tampa area.

Meanwhile, you can get excellent help from the Blocks discussion forum. It has a ton of useful information. Plus, you can ask any question and they will generally answer it that day.

This information is so new that the Blocks website has not been updated yet. Probably this week-end. However, you can still download the software, by clicking on the Blocks image, and install it. 

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Last Issue:

I listed several reasons I thought BFAM might follow through on the breakout. Well, it did for 2 days and since then has been flatter than a German pancake.

In case you are wondering WHY?   because on  May 07, 2008 

Bright Horizons Family Solutions, Inc. (NASDAQ: BFAM) announced that its stockholders had voted to approve the proposed merger agreement providing for the acquisition of Bright Horizons by an affiliate of Bain Capital Partners, LLC.

Approximately 98.9% of those shares voting at the special meeting voted in favor of the adoption of the merger agreement, representing approximately 80.2% of Bright Horizons' total outstanding voting shares as of the March 28, 2008 record date.Upon the closing of the merger, Bright Horizons stockholders will be entitled to receive $48.25 in cash, without interest, for each share of Bright Horizons common stock held. The transaction is currently anticipated to close on or about May 30, 2008.

Sometimes it doesn't pay to get out of bed.

However, there is a lesson to be learned here. When you see  a chart suddenly go flat like this one it is an indication that something drastic has happened to the company. In this case it is a merger which was first made public on Jan 14, 2008 and confirmed on May 7, 2008.

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 As always, one should do their own due diligence and use caution when executing any trade.  Just because it may fit one person's style does not mean it fits your style.  

In this case, I did not do a complete "Due Diligence". That's why you should never anyone's  suggestions on face value. Including mine.

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