BOP
Breakouts And Nice Round Bases Are Everywhere While Commodity Stocks Look Extremely Toppy
I see nice round bases everywhere in EVERY long scan and CANSLIM scan that I run. Stocks like our HA long from 3/27/08 is already up 60% and MA from 8/2/06 is up almost 500% since then and now we have a lot of pretty green BOP filled charts starting to round out and complete bases.
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Stocks Close Higher On A Pickup In Volume; Volume Still WELL Below Average And Charts Are Still Very Sloppy
It was another wild day on Maui as more drama occurred in my personal life today. However, it is minor and it has been taken care of so hopefully I can get back to doing what I am supposed to be doing instead of wasting my time on other things.
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A Zig-Zag Day Ends With A Big Yawn As Late-Day Weakness Sends All Indexes Lower
Well, in all honesty trying to draw conclusions from a day like today is quite useless. In fact, anyone that spent any amount of time today trying to delve into the data to find something useful just spent a whole day wasting time. Today was simply a low volume pullback and nothing-more and nothing-less. I believe, without even looking, that this was the dullest day of trading for 2008.
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Related Articles
- Breakouts And Nice Round Bases Are Everywhere While Commodity Stocks Look Extremely Toppy
- Stocks Close Higher On A Pickup In Volume; Volume Still WELL Below Average And Charts Are Still Very Sloppy
- A Zig-Zag Day Ends With A Big Yawn As Late-Day Weakness Sends All Indexes Lower
- Nasdaq Leads The Way Higher On Slightly Higher Volume As Semiconductor Stocks Account For Much Of The Gains; AAPL Disappoints
- Do You Have That Feeling That We Might Not Have Put In The Ultimate Bottom?
