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DATA STORAGE DEVICES Stocks Expected To Be Up After Top Correlated Stocks Fire Buy Signals.

August 23, 2011 / M2 PRESSWIRE / BUYINS.NET / http://www.squeezetrigger.com is monitoring the top most highly correlated DATA STORAGE DEVICES stocks and the majority have fired a Buy signal as of today. WESTERN DIGITAL CORP (NYSE:WDC), IMATION CORP (NYSE:IMN), DOT HILL SYSTEMS CORP (NASDAQ:HILL), NETAPP INC (NASDAQ:NTAP) are all expected to be Up as the top stocks in the sector have fired Buy signals. Group rotation is a phenomenon where institutions exert buying or selling pressure in an industry group, pushing prices of the group higher or higher relative to the general market. An industry can often lead or lag the market, and the most highly correlated stocks (mirror closest to the overall move in that group) usually move in unison. The technology used to make these predictions is available for a low monthly fee at http://www.squeezetrigger.com/services/strat/mh.php . The chart below displays the correlation, beta and relative strength of the top most highly correlated stocks in the highlighted industry group:

     Symbol     Company                             Correlation     Beta        RelStr      Sector 
     WDC        WESTERN DIGITAL CORP                0.72            1.44        0.98        DATA STORAGE DEVICES
     IMN        IMATION CORP                        0.58            1.49        1.05        DATA STORAGE DEVICES
     HILL       DOT HILL SYSTEMS CORP               0.66            2.25        0.97        DATA STORAGE DEVICES
     NTAP       NETAPP INC                          0.87            1.38        0.95        DATA STORAGE DEVICES

We automatically calculate correlation to help find the stocks that most closely match their groups movement and generate powerful group consensus trading signals to profit from the herd mentality. When multiple stocks in a group turn at the same time and the rotation of that group is confirmed, an explosive move typically occurs. Correlation measures the tendency for a symbol to move in unison with the group, beta measures the amount the symbol is expected to move relative to the group and relative strength looks back at the recent past to show how the stock has been moving relative to the group.

WESTERN DIGITAL CORP (NYSE:WDC) - Western Digital Corporation primarily engages in the design, development, manufacture, and sale of hard drives worldwide. It offers hard drives, including 3.5-inch and 2.5-inch form factor drives under the WD Caviar, WD RE, WD VelociRaptor, WD Scorpio, WD Elementstm, WD AV, WD ShareSpacetm, WD S25, My Passport, My Book, and My DVR Expander brand names. The companys hard drives are used in desktop and notebook computers, corporate networks, home entertainment equipment, and stand-alone consumer storage devices. It also offers hard drives as stand-alone storage products for personal data backup, and portable or expanded storage of digital music, photographs, video, and other digital data. In addition, the company provides solid-state drives under the SiliconDrive and SiliconEdge brand names for use in the embedded systems and client PC markets; and media players under the WD TV brand name. It offers its products to original equipment manufacturers, systems manufacturers, select resellers, and retailers. The company was founded in 1970 and is headquartered in Irvine, California.

IMATION CORP (NYSE:IMN) - Imation Corp. provides a range of removable data storage media products, as well as consumer electronic products. It offers various data storage products, including recordable optical media products, such as CDs, DVDs, and Blu-ray recordable media used primarily for recording high-definition video content; magnetic tape products, including data storage tape media, audio and video tape products, and floppy diskettes used in enterprise data centers, network servers, and small to medium sized businesses for data storage needs. The company also provides data protection products, including the DataGuard rf Tape Tracking System and the Secure Scan system; and flash products comprising USB flash drives, solid state drives, and flash cards. In addition, it offers consumer electronic products and accessories that comprise CD and DVD players, alarm clocks, portable boom boxes, MP3 players, Apple iPod and iPhone accessories, flat panel televisions, headphones, speakers, karaoke machines, and gaming accessories; and external and removable hard disk drives. The company markets its products under Imation, Memorex, XtremeMac, and TDK Life on Record brand names in the Americas, Europe, and the Asia Pacific. It sells its products through a combination of distributors, wholesalers, value-added resellers, OEMs, and retail outlets. Imation Corp. has a strategic agreement with TDK Corp. to develop and manufacture magnetic tape technologies. The company was founded in 1996 and is headquartered in Oakdale, Minnesota.

DOT HILL SYSTEMS CORP (NASDAQ:HILL) - Dot Hill Systems Corp. provides entry-level and midrange storage systems and enterprise server software for organizations requiring networked storage and data management solutions in open systems architecture. Its storage solutions consist of integrated hardware, firmware, and software products employing a modular system that allows end-users to add various capacity or data protection schemes as needed. The companys product lines range from approximately 146 gigabyte to complete 108 terabyte storage systems. It offers storage systems in fibre channel, Internet small computer systems interface, small computer systems interface (SCSI), serial attached SCSI, and serial ATA technologies with direct attached storage and storage area networks configurations. The company also provides enterprise class RAID software for industry standard Windows and Linux servers, as well as storage management applications, which could manage its storage system configurations. In addition, it sells performance enhancing and DMS software products, including AssuredSnap and AssuredCopy. Dot Hill Systems offers its products through original equipment manufacturers, systems integrators, distributors, and open storage partners primarily in the United States, Europe, and Asia. The company was founded in 1988 and is headquartered in Longmont, Colorado.

NETAPP INC (NASDAQ:NTAP) - NetApp, Inc. provides enterprise storage and data management software and hardware products and services in the United States and internationally. The company provides solutions for storing, managing, protecting, and archiving business data. It offers fabric-attached storage and V-series storage solutions that support mix of storage area network, network-attached storage, and Internet small computer system interface environments; storage management and application integration software; FAS storage systems family, which are unified networked storage systems that provide access to enterprise data for users on various platforms; and V-Series Family, a network-based virtualization solution. The company also provides data protection software products, including Snapshot technology that enables online backups of data sets; SnapRestore technology to recover file systems or data volumes; SnapVault and Open Systems SnapVault technologies, which offers network- and storage-optimized disk-to-disk backup solutions; MetroCluster that combines array-based clustering with synchronous mirroring; and SnapMirror data replication solution. In addition, it offers data retention and archive products; Flash Cache modules to optimize the performance of random read intensive workloads, such as file services and messaging; and DataFort storage security appliance for data security and management across NAS, IP SAN, and tape backup environments. Further, the company provides professional services, support solutions, and customer education and training services. It serves energy, financial services, government, high technology, Internet, life sciences and healthcare services, manufacturing, media, entertainment, animation and video postproduction, and telecommunications industries. The company was formerly known as Network Appliance, Inc. and changed its name to NetApp, Inc. in March 2008. NetApp was founded in 1992 and is headquartered in Sunnyvale, California.

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