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. If they make handles, two or three-week tight bases, or another base on base, this market should be heading MUCH higher. Everywhere I look I see good chart patterns. Now if only I could get volume on the NYSE. But did you see the Nassy? Another BIG DAY OF GAINS ON HIGHER VOLUME. That is now five days of above average volume since 4/17. Only one was lower and it has seen a very bullish response today with even higher volume and much larger price gains.

Volume is starting to come back, my existing longs are now starting to put in some real strong gains, and bases are forming everywhere. This is definitely a market I want to be long. If we fail and reverse, it would be the NASTIEST reversal ever because this is how stocks should be acting before a powerful rally and a reversal of this super-bullish action would be in one word: NASTY!