Nassy

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.

Notes For Monday’s Stock Market Session

The IBD 100 is up 228.5% compared to SP 500’s 49.5% since 4/18/08

-IBD 85-85 and IBD 100 were down for the week (-.9% compared to Nassy .8%) but they were up over 2.5% on Friday compared to Nassy down .2%.

-This appears to be rotation of some sorts out of commodities into some new sectors

-Internet-Network Solutions up 9% this week

-Computer Software-Design up 5% this week

Vested Interest: 
AAPL
Stock Symbol: AAPL APPLE INC Stock Price: $188.85 Todays Change: -0.88 (-0.46%)

Another Quiet Day Of Consolidating The Gains; Lower Volume After A Day Of Solid Gains Is What I Like To See!

It was another great day overall for those that are long the stocks we are long (well at least until AH when one got a gnarly ride) as the market took its time drifting around today before a strong close that saw the market basically end where it started.

Vested Interest: 
WSCI
Stock Symbol: WSCI WSI INDUSTRIES IN Stock Price: $12.6899 Todays Change: -0.0301 (-0.24%)