A lot of people seem to not understand the idea of isolating leadership and relative strenght, which I think is an important concept. Here is a chart of the Nasdaq and ORCL which clearly shows how ORCL showed leadership when the market was weak and gave a good buy signal, which has since proven to be profitable.
Brandon, How are you currently finding these? I actually bought Oracle a while back as well and still have 1/3 of my position in it for a free run. I was wondering how you are currently scanning for leaders. I have access to IBD and other services, but I thought you might have an effective way. Thanks, FT71