A follow through day is a follow through day...period. Most people are not
going to believe it until the rally is well underway. The market will tell
you what to do. Most people are going to be wrong...which is why they dont
make money. Just watch the market.
On 2/3/08, IAN ST. MARTIN <ianstm@???> wrote:
>
> Last November when IBD declared a bizarre FTD, the only thing that went up
> was the IBD 100. It seemed to me to be quite a change of course for them,
> somewhat ignoring the major indices.
>
> Now, they only seem to be looking for strength in the IBD 100, and not
> finding it, and ignoring index surges this past week.
>
> But wasn't the isolated IBD 100 strength late last year just a case of a
> very thin market - the vast majority of names were downtrending or flat,
> with just a small number of momentum names putting in a blowoff top?
>
> And don't new bulls have their own new stocks - so wouldn't it make sense
> that the IBD 100 is weak, even if last week really did see a tepid 8th day
> FTD?
>
> Opinions?
>
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--
Keep growing, Kevin L. Pickell
