1/31/2023 12:10:59 PM - Consolidating within striking distance of its 52-week high. Quarterly comparisons through Sep '22 show waning sales revenues, not growth.

11/2/2022 12:05:33 PM - Gapped up today and rallied to a new 52-week high. Quarterly comparisons through Sep '22 show waning sales revenues, not growth.

9/16/2022 12:18:38 PM - Slumped below its 50 DMA line ($24.45) on the prior session and even further with today's 4th consecutive loss. Prior mid-day reports cautioned members - "Quarterly comparisons through Jun '22 show waning sales revenues, not growth."

9/13/2022 12:17:12 PM - Consolidating back below the June high and slumping toward its 50 DMA line ($24.31). Quarterly comparisons through Jun '22 show waning sales revenues, not growth.

9/6/2022 12:37:26 PM - Consolidating back below the June high and slumping toward its 50 DMA line ($23.97). Quarterly comparisons through Jun '22 show waning sales revenues, not growth.

6/6/2022 12:09:19 PM - Reversed into the red after hitting a new high today. Recently consolidated above its 50 DMA line ($23.13) while building a short flat base. Prior mid-day reports cautioned members - "Quarterly comparisons through Mar '22 show waning sales revenues, not growth."

6/3/2022 12:37:24 PM - Consolidating above its 50 DMA line ($23.07) and perched within striking distance of its 52-week high, still building on a short flat base. Prior mid-day reports cautioned members - "Quarterly comparisons through Mar '22 show waning sales revenues, not growth."

6/1/2022 12:39:31 PM - Consolidating above its 50 DMA line ($22.98) and perched within striking distance of its 52-week high, still building on a short flat base. The 5/25/22 mid-day report cautioned members - "Quarterly comparisons through Mar '22 show waning sales revenues, not growth."

5/25/2022 12:47:24 PM - Consolidating above its 50 DMA line ($22.80) building on a short flat base. Quarterly comparisons through Mar '22 show waning sales revenues, not growth.

5/13/2022 12:02:57 PM - Consolidating above its 50 DMA line ($22.28). Quarterly comparisons through Mar '22 show waning sales revenues.

5/11/2022 12:21:21 PM - Consolidating above its 50 DMA line ($22.21). Quarterly comparisons through Mar '22 show waning sales revenues.

4/27/2015 6:25:04 PM - Violated its 50 DMA line and undercut recent lows, finishing near the session low today with a large loss on higher (near average) volume, raising concerns and triggering a technical sell signal. It will be dropped from the Featured Stocks list tonight.

4/22/2015 5:49:32 PM - G - Finding support at its 50 DMA line, and subsequent losses leading to a damaging violation of it and recent lows would raise more serious concerns and trigger technical sell signals. See the latest FSU analysis for more details and new annotated graphs.

4/17/2015 6:45:24 PM - G - Still finding support at its 50 DMA line. Losses leading to a damaging violation of the 50 DMA line and recent lows would raise more serious concerns and trigger technical sell signals. Completed a new Public Offering on 2/25/15. Reported Dec '14 earnings +23%, below the +25% minimum guideline (C criteria) of the fact-based investment system.

4/10/2015 6:40:17 PM - G - Found support at its 50 DMA line today. Losses leading to a damaging violation would raise more serious concerns and trigger a technical sell signal. Completed a new Public Offering on 2/25/15. Reported Dec '14 earnings +23%, below the +25% minimum guideline (C criteria) of the fact-based investment system.

4/7/2015 4:41:16 PM - G - Consolidating above its 50 DMA line ($291.25) where violations would raise more serious concerns and trigger a technical sell signal. Completed a new Public Offering on 2/25/15. Reported Dec '14 earnings +23%, below the +25% minimum guideline (C criteria) of the fact-based investment system.

4/1/2015 5:38:17 PM - G - Slumped near its 50 DMA line with higher volume today. Completed a new Public Offering on 2/25/15. Reported Dec '14 earnings +23%, below the +25% minimum guideline (C criteria) of the fact-based investment system. Its 50 DMA line ($290) defines support where violations would raise more serious concerns. See the latest FSU analysis for more details and new annotated graphs.

3/30/2015 7:28:59 PM - G - Consolidating quietly, very extended from any sound base. Completed a new Public Offering on 2/25/15. Reported Dec '14 earnings +23%, below the +25% minimum guideline (C criteria) of the fact-based investment system. Its 50 DMA line ($287) defines support where violations would raise more serious concerns.

3/23/2015 5:51:45 PM - G - Pulled back from its 52-week high with a small loss on average volume following a streak of 8 consecutive gains. It is very extended from any sound base. Completed a new Public Offering on 2/25/15. Reported Dec '14 earnings +23%, below the +25% minimum guideline (C criteria) of the fact-based investment system. Its 50 DMA line defines support where violations would raise more serious concerns.

3/18/2015 12:10:03 PM - G - Hitting another new 52-week high with today's 6th consecutive gain, getting more extended from any sound base. Completed a new Public Offering on 2/25/15. Reported Dec '14 earnings +23%, below the +25% minimum guideline (C criteria) of the fact-based investment system. Its 50 DMA line defines support where violations would raise more serious concerns.

3/17/2015 12:02:23 PM - G - Hit a new 52-week high with today's 5th consecutive gain, getting more extended from any sound base. Completed a new Public Offering on 2/25/15. Reported Dec '14 earnings +23%, below the +25% minimum guideline (C criteria) of the fact-based investment system. Its 50 DMA line defines support where violations would raise more serious concerns.

3/13/2015 6:50:00 PM - G - Completed a new Public Offering on 2/25/15. Reported Dec '14 earnings +23%, below the +25% minimum guideline (C criteria) of the fact-based investment system. Its 50 DMA line defines support where violations would raise more serious concerns. See the latest FSU analysis for more details and new annotated graphs.

3/10/2015 5:37:20 PM - G - Pulled back toward its "max buy" level. Completed a new Public Offering on 2/25/15. Reported Dec '14 earnings +23%, below the +25% minimum guideline (C criteria) of the fact-based investment system. Recent low ($262.00 on 2/02/15) defines important near-term support below its 50 DMA line where violations would raise more serious concerns.

3/3/2015 6:55:42 PM - G - Perched at its 52-week high after completing a new Public Offering on 2/25/15. Reported Dec '14 earnings +23%, below the +25% minimum guideline (C criteria) of the fact-based investment system. Recent low ($262.00 on 2/02/15) defines important near-term support below its 50 DMA line where violations would raise more serious concerns.

2/25/2015 12:08:27 PM - G - Perched at its 52-week high it priced a new Public Offering. Reported Dec '14 earnings +23%, below the +25% minimum guideline (C criteria) of the fact-based investment system. Recent low ($262.00 on 2/02/15) defines important near-term support below its 50 DMA line where violations would raise more serious concerns. See the latest FSU analysis for more details and annotated graphs.

2/24/2015 5:40:16 PM - G - Perched at its 52-week high it proposed a new Public Offering. Reported Dec '14 earnings +23%, below the +25% minimum guideline (C criteria) of the fact-based investment system. Recent low ($262.00 on 2/02/15) defines important near-term support below its 50 DMA line where violations would raise more serious concerns. See the latest FSU analysis for more details and new annotated graphs.

2/19/2015 12:20:43 PM - G - Perched at its 52-week high today and its color code is changed to green after rising above its "max buy" level. Reported better than expected Dec '14 earnings and gave encouraging guidance, however the +23% earnings increase was below the +25% minimum guideline (C criteria) of then fact-based investment system. Recent low ($262.00 on 2/02/15) defines important near-term support below its 50 DMA line where violations would raise more serious concerns.

2/18/2015 11:56:47 AM - Y - Touched a new 52-week high today then reversed into the red. Reported better than expected Dec '14 earnings and gave encouraging guidance. Color code is changed to yellow after retreating below its "max buy" level. Recent low ($262.00 on 2/02/15) defines important near-term support below its 50 DMA line where violations would raise more serious concerns.

2/17/2015 1:55:07 PM - G - Color code is changed to green after quietly rallying above its "max buy" level. Recent low ($262.00 on 2/02/15) defines important near-term support below its 50 DMA line where a violation would raise more serious concerns.

2/10/2015 7:14:09 PM - Y - Rallying from support at its 50 DMA line with another gain today on higher (near average) volume. Recent low ($262.00 on 2/02/15) defines important near-term support below its 50 DMA line where a violation would raise more serious concerns.

2/5/2015 2:36:00 PM - Y - Rallying from support at its 50 DMA line with a gain today on higher volume, rebounding above the previously cited pivot point. Recent low ($262.00 on 2/02/15) defines important near-term support below its 50 DMA line where a violation would raise more serious concerns.

2/2/2015 6:18:31 PM - Y - Halted is slide at its 50 DMA line with a gain on light volume following 4 consecutive losses. See the latest FSU analysis for more details and new annotated graphs.

1/29/2015 6:46:18 PM - Y - Pulled back for a 3rd consecutive loss on below average volume. Recent gains helped it hit a new 52-week high, but volume lacked conviction. Gains above a stock's pivot point must have at least +40% above average volume to trigger a proper technical buy signal.

1/26/2015 6:19:58 PM - Y - Rallied for a 6th consecutive gain and another new 52-week high, but backed by below average volume yet again. Gains above a stock's pivot point must have at least +40% above average volume to trigger a proper technical buy signal.

1/21/2015 6:45:32 PM - Y - Rallied for a new 52-week high and best-ever close today however the gain was backed by near average volume. Gains above a stock's pivot point must have at least +40% above average volume to trigger a proper technical buy signal.

1/20/2015 7:12:26 PM - Y - Consolidating above support at its 50 DMA line and perched within close striking distance of its 52-week high. Subsequent volume-driven gains above the pivot point may trigger a technical buy signal.

1/16/2015 6:56:47 PM - Y - Found support at its 50 DMA line recently. Subsequent volume-driven gains above the pivot point may trigger a technical buy signal. See the latest FSU analysis for more detail and new annotated graphs.

1/12/2015 6:28:32 PM - Y - Hit a new high today but with only average volume. Found support at its 50 DMA line recently. Subsequent volume-driven gains above the pivot point may trigger a technical buy signal.

1/7/2015 7:50:15 PM - Y - Tallied a volume-driven gain today while rallying from support at its 50 DMA line. Subsequent volume-driven gains above the pivot point may trigger a technical buy signal.

1/5/2015 7:07:22 PM - Y - Subsequent volume-driven gains above the pivot point may trigger a technical buy signal. Volume totals have been quiet while recently consolidating above support at prior highs and its 50 DMA line.

12/29/2014 6:03:30 PM - Y - Color code is changed to yellow with new pivot point cited based on its 11/26/14 high plus 10 cents. Consolidating above support at prior highs and its 50 DMA line. See the latest FSU analysis for more details and new annotated graphs.

12/22/2014 6:07:58 PM - G - Pulled back on lighter volume today following 3 consecutive gains on higher volume. Extended from prior highs in the $249 area defining near-term support.

12/16/2014 5:54:54 PM - G - Consolidating following recent volume-driven gains on news it plans to acquire Allergan (AGN) for $66 Billion. Extended from prior highs in the $249 area defining near-term support.

12/12/2014 6:10:43 PM - G - Consolidating near its 52-week high following volume-driven gains on news it plans to acquire Allergan (AGN) for $66 Billion. Extended from prior highs in the $249 area defining near-term support. See the latest FSU analysis for more details and new annotated graphs.

12/12/2014 6:10:43 PM - G - Consolidating near its 52-week high following volume-driven gains on news it plans to acquire Allergan (AGN) for $66 Billion. Extended from prior highs in the $249 area defining near-term support. See the latest FSU analysis for more details and new annotated graphs.

12/8/2014 6:21:28 PM - G - Still consolidating after spiking to new 52-week highs with volume-driven gains following news it plans to acquire Allergan (AGN) for $66 Billion. Did not form a sound base, and it is extended from prior highs in the $249 area defining near-term support.

12/1/2014 6:34:20 PM - G - Quietly consolidating after spiking to new 52-week highs with volume-driven gains following news it plans to acquire Allergan (AGN) for $66 Billion. Did not form a sound base, and it is extended from prior highs in the $249 area defining near-term support.

11/24/2014 12:12:07 PM - G - Its 50 DMA line and prior highs define support where violations would raise concerns. Consolidating after spiking to new 52-week highs with volume-driven gains following news it plans to acquire Allergan (AGN) for $66 Billion. Did not form a sound base, and it is extended from prior highs.

11/21/2014 12:17:33 PM - G - Consolidating after spiking to new 52-week highs with volume-driven gains following news it plans to acquire Allergan (AGN) for $66 Billion. Did not form a sound new base and its color code was changed to green while getting extended from prior highs. Its 50 DMA line ($240) defines support where a violation would raise concerns.

11/20/2014 12:11:23 PM - G - Pulling back after spiking to new 52-week highs with volume-driven gains after announcing plans to acquire Allergan (AGN) for $66 Billion. Did not form a sound new base and its color code was changed to green while getting extended from prior highs. Its 50 DMA line ($240) defines support where a violation would raise concerns.

11/19/2014 12:09:51 PM - G - Perched at its 52-week high following volume-driven gains after announcing plans to acquire Allergan (AGN) for $66 Billion. Did not form a sound new base and its color code was changed to green while getting extended from prior highs. Its 50 DMA line ($240) defines support where a violation would raise concerns.

11/18/2014 12:05:49 PM - G - Hitting new 52-week highs with volume-driven gains after announcing plans to acquire Allergan (AGN) for $66 Billion. Did not form a sound new base and its color code is changed to green while getting extended from prior highs. Its 50 DMA line ($239) defines support where a violation would raise concerns.

11/17/2014 12:15:21 PM - Y - Announced plans to acquire Allergan (AGN) for $66 Billion. Its 50 DMA line ($238.67) defines support where a violation would raise concerns.

11/12/2014 1:05:02 PM - Y - Color code is changed to yellow after pulling back below its "max buy" level. Recent lows near $208 define initial support to watch below its nearby 50 DMA line ($237.90) where damaging violations would raise concerns.

11/6/2014 5:38:55 PM - G - Perched at its 52-week high today following 2 volume-driven gains, extended from any sound base. Recent lows near $208 define initial support to watch below its 50 DMA line ($236) on pullbacks. See the latest FSU analysis for more details and new annotated graphs.

11/6/2014 12:07:28 PM - G - Perched at its 52-week high today following a volume-driven gain, extended from any sound base. Recent lows near $208 define initial support to watch below its 50 DMA line ($236) on pullbacks.

11/5/2014 1:50:22 PM - G - Off earlier highs after hitting a new 52-week high today. Recent lows near $208 define initial support to watch below its 50 DMA line ($236) on pullbacks.

10/30/2014 3:13:16 PM - G - Color code is changed to green after rallying beyond its "max buy" level and hitting a new 52-week high today. Prior highs near $179 define initial support to watch on pullbacks.

10/28/2014 6:32:07 PM - Y - Quietly holding its ground after rebounding above its 50 DMA line helping its outlook improve. Found support at its 200 DMA line following damaging losses marked by volume.

10/21/2014 6:12:28 PM - Y - Color code is changed to yellow after rebounding above its 50 DMA line today helping its outlook improve. Found support at its 200 DMA line following damaging losses marked by volume. See the latest FSU analysis for more details and new annotated graphs.

10/16/2014 6:27:10 PM - G - Halted its slide with a gain today after testing support at its 200 DMA line. Streak of 5 consecutive losses marked by volume triggered technical sell signals. Only a prompt rebound above its 50 DMA line would help its outlook improve.

10/14/2014 11:59:18 AM - G - Rebounded from early lows today after nearly testing support at its 200 DMA line. On the prior session it violated its 50 DMA line and prior highs near $230 triggering technical sell signals with a damaging loss on higher volume. Only a prompt rebound above its 50 DMA line would help its outlook improve.

10/13/2014 5:42:55 PM - G - Violated its 50 DMA line and prior highs near $230 triggering technical sell signals with a damaging loss today on higher volume. Only a prompt rebound above its 50 DMA line would help its outlook improve.

10/8/2014 6:13:11 PM - G - Stubbornly holding its ground near its 52-week high. Prior highs near $230 define near-term support to watch on pullbacks. See the latest FSU analysis for more details and new annotated graphs.

10/7/2014 6:40:16 PM - G - Churned above average volume today while holding its ground near its 52-week high. Prior highs near $230 define near-term support to watch on pullbacks.

10/3/2014 11:43:35 AM - G - Rallying back above its "max buy" level and its color code is changed to green. Prior highs near $230 define near-term support to watch on pullbacks.

10/1/2014 1:36:53 PM - Y - Quietly consolidating below its "max buy" level and its color code is changed to yellow. Prior highs near $230 define near-term support to watch on pullbacks.

9/24/2014 5:28:51 PM - G - Finished at a best-ever close well above its "max buy" level and its color code is changed to green. Prior highs near $230 define near-term support to watch on pullbacks.

9/23/2014 5:13:55 PM - Y - Hit a new 52-week high with today's gain backed nearly 3 times average volume, a solid confirmation day following its recently noted technical buy signal. Prior highs near $230 define near-term support to watch on pullbacks.

9/19/2014 5:44:29 PM - Y - Gain today for a new 52-week high backed by +77% above average volume confirmed a technical buy signal. Prior highs near $230 define near-term support to watch on pullbacks. See the latest FSU analysis for more details and new annotated graphs.

9/18/2014 1:08:52 PM - Y - Wedging into new 52-week high territory with recent gains lacking great volume conviction. Prior notes cautioned members - "Gains above a stock's pivot point must be backed by a minimum of +40% above average volume to trigger a technical buy signal."

9/12/2014 11:57:54 AM - Y - Hitting a new 52-week high today with volume running at an above average pace. Gains above a stock's pivot point must be backed by a minimum of +40% above average volume to trigger a technical buy signal.

9/10/2014 4:44:57 PM - Y - Pulled back with higher volume today, encountering mild distributional pressure while perched at its 52-week high. Subsequent volume-driven gains to new highs may trigger a technical buy signal.

9/3/2014 5:54:38 PM - Y - Touched a new 52-week high today while trading very light volume but it finished with a small loss. Subsequent volume-driven gains to new highs may trigger a technical buy signal.

8/28/2014 6:16:40 PM - Y - Quietly perched near its 52-week high today trading very light volume. Subsequent volume-driven gains to new highs may trigger a technical buy signal. See the latest FSU analysis for more details and new annotated graphs.

8/25/2014 3:28:03 PM - Y - Color code is changed to yellow while no new pivot point has been cited. Perched near its 52-week high today following 9 consecutive gains on light to average volume

8/18/2014 7:01:15 PM - G - Inched higher today for as 5th consecutive gain on light volume, rebounding above its 50 DMA line helping its outlook to improve. Reported earnings +70% on +34% sales revenues for the Jun '14 quarter.

8/6/2014 12:03:39 PM - G - Small gap down today and its color code is changed to green while slumping below its 50 DMA line and enduring distributional pressure. A rebound above the 50 DMA line is needed for its outlook to improve. Reported earnings +70% on +34% sales revenues for the Jun '14 quarter. See the latest FSU analysis for more details and new annotated graphs.

8/5/2014 5:37:11 PM - Y - Sputtering just below its 50 DMA line this week with volume-driven losses, enduring distributional pressure. Still perched -7% off its 52-week high. See the latest FSU analysis for more details and new annotated graphs.

8/5/2014 11:49:08 AM - Y - Sputtering just below its 50 DMA line this week with volume-driven losses, yet still perched -6.8% off its 52-week high. Subsequent volume-driven gains to new highs may trigger a technical buy signal.

8/1/2014 5:46:12 PM - Y - Found support at its 50 DMA line today while posting a solid volume-driven gain. Perched -6% off its 52-week high. Subsequent volume-driven gains to new highs may trigger a technical buy signal.

7/29/2014 8:09:11 PM - Y - Quietly edged below its 50 DMA line ($215.53) with today's 4th consecutive loss. Still only -6.9% off its 52-week high. Subsequent volume-driven gains to new highs may trigger a technical buy signal.

7/22/2014 7:17:36 PM - Y - Found support while consolidating above its 50 DMA line ($214.40), still hovering within close striking distance of its 52-week high. Subsequent volume-driven gains to new highs may trigger a technical buy signal.

7/16/2014 7:53:41 PM - Y - Consolidating above its 50 DMA line, still hovering within close striking distance of its 52-week high. Subsequent volume-driven gains to new highs may trigger a technical buy signal. See the latest FSU analysis for more details and new annotated graphs.

7/14/2014 6:21:23 PM - Y - Consolidating above its 50 DMA line, still hovering within close striking distance of its 52-week high. Subsequent volume-driven gains to new highs may trigger a technical buy signal.

7/7/2014 4:33:29 PM - Y - Still hovering within close striking distance of its 52-week high. Subsequent volume-driven gains to new highs may trigger a technical buy signal.

7/1/2014 12:00:36 PM - Y - Small gap up today challenging its 52-week high. Subsequent volume-driven gains to new highs may trigger a technical buy signal.

6/30/2014 5:32:48 PM - Y - Enduring distributional pressure for the past 2 sessions while perched within striking distance of its 52-week high. Subsequent volume-driven gains to new highs may trigger a technical buy signal.

6/24/2014 7:20:46 PM - Y - Tallied a 3rd consecutive gain today, approaching its pivot point based on its 2/26/14 high plus 10 cents. Subsequent volume-driven gains to new highs may trigger a technical buy signal. See the latest FSU analysis for more details and new annotated graphs.

6/24/2014 11:55:55 AM - Y - Tallying a 3rd consecutive gain today, approaching its pivot point based on its 2/26/14 high plus 10 cents. Subsequent volume-driven gains to new highs may trigger a technical buy signal. Reported earnings +75% on +40% sales revenues for the Mar '14 quarter, and its strong record satisfies the C criteria. Annual earnings (A criteria) history has been strong.


6/20/2014 12:08:43 PM - Y - Color code is changed to yellow with pivot point cited based on its 2/26/14 high plus 10 cents. Perched -6.1% off its 52-week high, and subsequent volume-driven gains to new highs may trigger a technical buy signal. Reported earnings +75% on +40% sales revenues for the Mar '14 quarter, and its strong record satisfies the C criteria. Annual earnings (A criteria) history has been strong.


4/30/2014 11:59:56 AM - Recently encountering resistance at its 50 DMA line while trying to rebound after enduring distributional pressure. Reported earnings +99% on +59% sales revenues for the Dec '13 quarter, and its strong record satisfies the C criteria. Rallied after news it will buy Forest Labs Inc (FRX) when noted in the 2/20/14 mid-day report with caution - "Very extended from any sound base. Annual earnings (A criteria) history has been strong. Sales revenues and earnings increases showed encouraging acceleration in recent quarterly comparisons through Sep '13 making it a better match with the fact based investment system's guidelines."

4/1/2014 12:06:19 PM - Finding support at its 50 DMA line, building a new base. Reported earnings +99% on +59% sales revenues for the Dec '13 quarter, and its strong record satisfies the C criteria. Rallied after news it will buy Forest Labs Inc (FRX) when last noted in the 2/20/14 mid-day report with caution - "Very extended from any sound base. Annual earnings (A criteria) history has been strong. Sales revenues and earnings increases showed encouraging acceleration in recent quarterly comparisons through Sep '13 making it a better match with the fact based investment system's guidelines."

3/7/2014 12:09:42 PM - Retreating from its 52-week high with volume-driven losses recently indicating distributional pressure, and it has not formed a sound base. Reported earnings +99% on +59% sales revenues for the Dec '13 quarter, and its strong record satisfies the C criteria. Rallied after news it will buy Forest Labs Inc (FRX) when last noted in the 2/20/14 mid-day report with caution - "Very extended from any sound base. Annual earnings (A criteria) history has been strong. Sales revenues and earnings increases showed encouraging acceleration in recent quarterly comparisons through Sep '13 making it a better match with the fact based investment system's guidelines."

2/20/2014 11:54:29 AM - Up for a 5th consecutive session and yet another new 52-week high with volume-driven gains after news it will buy Forest Labs Inc (FRX). Very extended from any sound base. Annual earnings (A criteria) history has been strong. Sales revenues and earnings increases showed encouraging acceleration in recent quarterly comparisons through Sep '13 making it a better match with the fact based investment system's guidelines.

2/19/2014 12:37:42 PM - Gapped up for a 2nd consecutive session, rallying further today for another new 52-week high after news it will buy Forest Labs Inc (FRX), getting extended from any sound base. Annual earnings (A criteria) history has been strong. Sales revenues and earnings increases showed encouraging acceleration in recent quarterly comparisons through Sep '13 making it a better match with the fact based investment system's guidelines.

2/18/2014 12:18:04 PM - Gapped up today for a new 52-week high on news it will buy Forest Labs, getting extended from any sound base. Annual earnings (A criteria) history has been strong. Sales revenues and earnings increases showed encouraging acceleration in recent quarterly comparisons through Sep '13 making it a better match with the fact based investment system's guidelines.