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Another day, another new long. So much for the bears and the top calling. :) Maybe the bears should wait for lower highs and lower lows. :)
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Two new long positions for THUR. This uptrend may not have volume but it is still producing money making ideas. That I like! :)
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Right on. One more new long for WED. We already took this one long but the distro days at the end of OCT shook us out. Welcome back!
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our new long acted great today. Our new add was up 17% today. That is how stocks should work in an uptrend. Let's keep it UP.
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One new beautiful new long and an add to an existing long. Pretty solid.
AAPL GOOG BIDU MSTR PCLN continue to lead.
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...highs when vol. is so low. However, the individual stocks and bigcap +$90 stocks is still where it is at. Hopefully my scans look good.
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Nice to see more volume on this move higher. Too bad it is still below average. Hard to be a SUPER bull, even with the indexes hitting new..
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It is all about the big caps clearly. Just one look at the Small Cap 600
RS line proves that.
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...we definitely do not have that now.
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Another nice day of gains. Still no nice charts, per se. I posted a video on the site showing an example of how charts looked in 2003...
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It sure would be nice to have some nice chart patterns setup in this uptrend. The charts, despite the rally, are pretty choppy.
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Too many are talking freaking nonsense on
TV and these silly websites. Gets REALLY OLD. I love facts...they don't have opinions.
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Longs are still working. Nothing to do but to continue to ride the uptrend that has been intact since March. K.I.S.S.
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Just facts. NO OPINIONS! My stats are based on FACTS of years of research by IBD/William
O Neil. Up to you if you want to argue facts.
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After the recent snapback low vol rally, I now know why I didn't go short. The best time to go short stocks is 5-7 MONTHS after a stock tops
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Two new longs and the market keeps going higher on low volume. Weird but as long as this continues we keep buying stocks.
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My scans that look for stocks moving on volume is starting to skew to the short side. Until the market trends up again, be careful w/ longs.
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....setups are diminishing greatly. It doesn't appear I have any new longs tonight but there are still gems like
TBUS RDCM TSTC out there.
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...need to do so now just in case this selling picks up. We are still making new highs in the indexes but the quality of longs and nice...