Tuesday, May 06, 2008

Monday Sector Strength


Disclaimer: All charts and comments are intended for education and discussion purposes only. No investment recommendations are being offered. Please do your own research and take responsibility for all investment decisions that you make. Questions and comments related to this post are encouraged.  | MON - Sector Strength | TUE - Interest Rates | WED - Market Breadth | THU - Commodities & Currencies | FRI - Market Sentiment | SAT - Bullish Percents | About | contact: HeadlineCharts@gmail.com |




I was shaken out of my positions today in SSO, ROM, MVV.  Now I am about 10% cash.  I was really surprised to see the market rally towards the end of the day.

Coal, Chemicals, Steel, Metals, Computers, Oil, Rails... these aren't the industries of a recession.  These are growth industries.





This spreadsheet really helps me to step back and see the leading indexes.  I like to buy the groups in the blue and green.


Posted by HeadlineCharts at 20:48:53 | Permanent Link | Comments (0) |
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