Thursday, September 25, 2008
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.
Never Investement Advice
Posted at 12:27 PM