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The market has been in correction for 10 weeks and the third day into a rally attempt, some leading stocks are starting to find volume, and MarketSmith has 18 members online http://screencast.com/t/NQj6gcX1
"Occaisionally, but rarely, a follow-through occurs as early as the third day of the rally." Pg 220 HTMMIS Yesterday being so weak, technically, today is too early for a follow through. An emerging list of leaders don't see to mind.
Really a small group!
Also note top performers this week - Just a few CANSLIM type names: www.screencast.com/.../Y5r6b1IrA
ps - hattip to Abe for screencast. Great tool, thanks!
Continuing to work on a digital model book. Evernote is an excellent program/ free site up to a certain amount of usage that you can catalog your model book images from Snagit. If you list the tag Cup with handle CWH, or whatever base it is you can click the tag and it will pull all of those up. My abbreviations in the title of each chart put in by S=Stage, L=Length, D=Depth (which I haven't gone back and calculated most of them yet), Y=Year, the last of it is (W,D) for weekly, daily or both. Cataloging them helps with looking for precedent, and train my eye on historical charts.
Trend2ibd - thanks for pointing out evernote - great application for our model books.
Thanks. between you and Abe just p/u 2 new tools to use.
yea thank you guys.Im fairly new to this and im learning alot from you guys.Thanks much
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