Bill, no one seems to want to observe this, so I will.
The breakout above 1120 looks awesome to me. If she (no offense lisa) holds this level on the retest, the BK is UP! Now, the DJIA is a different story and Jim's Head vs. Tails is really interesting. The Head has decidedly moved to the top of the trading range. If the DJIA goes up from here, IMHO its got to come from Jim's Tail.
Again, IMHO, it's going to be real interesting to watch the stocks like AA, CAT, and JPM. A diverse group that has gone no where. If this is a rally, these DJIA stocks have got to move.
As always, BWDIK, and all other disclaimers.
Berney
|
