IT, I appreciate and respect your position.
Last fall, I painfully learned the lesson of going against a trend and vowed to learn from the lesson. I have admired watching Steve and his trendlines, and, to say the least, his use of candle power.
I spendt much of the last month reading learning, watching, observing, modifying, and repeating the process as I drew my little lines. I posted the results of this work earlier.
In the last couple of days, AA, ALD, CAT, DIS, GE, IBM, JNJ, JPM, and MRK hit within an eight of the number, and EK, HWP, UTX came close. Since this was the first opportunity I had to see how they did, it was another game. Manana it starts for real! I let you know what I do. But, I'll be looking closely at AA, DIS and JPM.
BTW, I noted 2 stocks the other day as well - SGP and TNL. Both are moving nicely.
Berney |