it seems to me that the stochastics are pointing lower, and the short and intermediate term trends are mildly higher. the r/s readings are inconclusive. and the band reading is high. I short KSK, and COK, AZI I long IBM, XL, XLA cheers
I like IBM, XL, XLA the r/s level is conducive to breaking the long term support levels. the stochastics support short term strength. Where the rocks at ??
the b/b ratio is headed up, while the bix continues to trade down. this means a partial revolvement into the secular trend. I like IBM, XL, XLA.
Hmm.. I wonder if the moon cycle has any correlation with the appearance of weirdos on these boards?? There is certainly a correlation between lousy trading days and infighting on these boards.