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The Market Continues To Do One Thing Only
By Josh Hayes on November 16, 2009
That is go up and that is great for us that are long. However, we were much more long before the recent distribution hit the market. That is fine, if the rally does have staying power, again, we will continue to find good charts to go long.
I know it can be frustrating not having charts like HILL that I posted on the forum video but that is OK. As long as stocks continue to breakout and move higher or bounce off the 50 DMA we will have stocks to go long. Sorry it is not a river of stocks to choose from but would you rather me lie to you (like everyone on CNBC has been doing since 1980) or tell you the truth?
I don’t know why my video technician has not been posting the videos I have been making but I will get on him for that.
Posted in Commentary