Lowest Relative Strength Stocks Soar 93% Since Nov 20th
David Goldring
Monday, January 05, 2009
The major indices broke above key resistance levels Friday as we got the New Year off to a very positive start. The Ts indicators gave a Trend Reversal signal, which would imply that this rally has at least a three or four more weeks left in it. The “Obama honeymoon” rally is alive and well, and we suspect we have a date towards the down sloping 20 week averages over the next month. By means of pe...
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