Trend view: EW, NRGP, HTWR

As shown in the charts below, Edwards Lifesciences (EW) and Inergy Holdings (NRGP) are holding up well -- the Guppy Charts look decent and the trailing stops have moved up since my last check-in (here). On the other hand, Heartware International (HTWR) is in a pullback and the next week or two will be important. To clarify my approach on speculating in a choppy market with a downward trend: I only initiate new long positions when the broad market is in an uptrend, but I will hold existing positions until they give me sell signals like violating my trailing stop. As I've noted before, many stocks move somewhat independently and have low correlation with the SPY and IWM.

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