BOP update (entertainment):
TC2000's "Balance of Power" readings are looking pretty good these days, perhaps the best they've been this year. Whether that's a BUY or a Sell signal, I don't know. Anyway, FWIW, here are some estimated readings. Note: FLC's chart isn't updating, so don't look for it (although it was green a few days ago).
Green bars (accumulation):
+100% DO, GIFI, PTEN, SDC
+90% TBI
+80% CDG
+60% BDI, GW, PDS
+50% ATW, BJS
+40 UTI, NE, KEG, RIG, EVI
+30 ESV, MDCO, VRC
Yellow bars (neutral)
CXIPY, FGII, GLM, ICOC, RDC, SLB, TDW, UFAB
Red bar (distribution)
-100 MIND
As always, individual readings don't always correlate well with performance, but green is more fun to see than red.
Jeff |
