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There is no doubt that all indexes are in
overbought situation,
the McClellan osc was over 200 on Tuesday,
Wednesday
and the same is with many other
indicators
However
the new hi new low have DECREASED drastically in
the last few days,
that adds fuel to the fire, and brings to the
surface the idea of shorting,
the only fly in the ointment is the
volume,
decreasing volume is very LOW
which leads me to believe that any correction (for
now) will be shallow,
I will only add to my shorts when dec volume
in the nest few days in over increasing volume,
stocks that did well in the last 5 days
are
corv
dndn
telm
bkhm
soi
nt
tlab
and in the last 30 days
(some with over 100% gains)
dndn
mtsn
bkhm
telm
onnn
corv
happy trading
Ben
home of the perfect stop loss
<A
href="">profitok@xxxxxxxxxxxxx
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