7 out of 10 in the bottom 1/3 of groups.
I track earnings and buy stocks with superior earnings. Stocks with good earnings have been hammered 3 times in the last two weeks that M has had a strong green day.
Want an example? FSLR
Mike Scott <mike@???> wrote:
v\:* {behavior:url(#default#VML);} o\:* {behavior:url(#default#VML);} w\:* {behavior:url(#default#VML);} .shape {behavior:url(#default#VML);} st1\:*{behavior:url(#default#ieooui) } We wanted rotation, now we got it. I wonder if we will rotate into something else tomorrow.
Based on the moving averages everything looks comfortable. However, try to build a portfolio and it makes you want to become a day trader.
I had an office mate who was having trouble with the thermostat in his office. One day it was 85 and the next day it was 55. Being an engineer he said on the average I am quite comfortable. The major indexes are quite comfortable right now
Mike Scott
Tarzana, CA
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