Financial News

Allantrends Announces New Algorithm for DOW Coverage

SCOTTSDALE, Ariz., April 14, 2011 /PRNewswire/ -- Allantrends, LLC today announces expanded coverage to include the Dow Jones Industrials ("DOW") as a new addition to the trend model profile portfolio of "Market Trend Models." The firm is headed by Allan P. Harris whom left the practice of law more than 20-years ago to pursue his passion for trading stocks. Especially in mechanical pattern recognition models that led to the discovery of several proprietary trend following algorithms that have generated returns of up to 634% for subscribers of his newly published newsletter available at www.allantrends.com as well as for his personal trading accounts and private managed fund clients.

His proprietary mathematical formulas have identified dominant and tradable market trends.  The algorithm approaches the portfolio or security with an objective, non-emotional rule-based discipline for entries and exits, working along with a secondary comparative element that brings into play structures based upon Fibonacci and Elliot Wave Analysis.

About Allan Harris

Harris is not new to the media spotlight and is the publisher of the popular public AllAllan blog site for the last six years bringing him notoriety not only as a popular stock picker and market timer, but also as a prolific observer of the human condition.  The combination of market analyst and life philosopher made him an Internet sensation.

Harris gained a greater following in a series of articles during the 2008 market debacle when Harris took CNBC 's Jim Cramer to task for what he considered irresponsible, self-serving and misleading promotions of Cramer's own record and his subscription services.

Mr. Harris publishes his newsletter from his office in Scottsdale, Arizona and also has a subscriber services location in Lakewood Ranch, Florida.

SOURCE Allantrends, LLC

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