Thursday, September 25, 2008

09.25.08 - Adjusted Tick Looking Up

Tick is looking really good, but I'd like to see the Advance - Decline line show better strength. Amazing day given the economic numbers. CNBC is calling this "The Deal Gets Done Bounce." The bears are already looking ahead and so am I -- so consider trailing stops just in case. On the other hand, note that traditional MACD lines are set to go positive any day now (momentum).

11:35AM PST: Brief internet outage here. Price bounced off of the rising VWAP about twenty minutes ago. Blogger also has a planned outage later today.

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1 comment:

Anonymous said...

Hello Jeff,,

I have already ordered some meds for that feeling,,or maybe it was a bull rush,,,and i just didnt remember how it