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Today we seem to have a market shaping up to make some significant gains in strong upside volume. However, it seems the best action is from the bottom of the industry groups:
Trucks & Parts-Hvy Duty
Those are just the top 3 today. What does it mean when you see lagging industry groups leading a day's rally?
I am not sure it means anything other than just some news…. One day does not change a trend. Don
Perhaps...though all trends start on one day.
This trend has continued since Thursday's strong rally.
Lagging groups leading is bearish and is typically seen at the end of a bull market.
I have started the LEADERS TO BUY LIST AGAIN - Check it out when you get a chance. CRYSTAL tells me the correction is over and were heading North again.
Hi Don, KORs is no longer a favorite. I sold it when weakness set in on Feb 20. High volume drop is not good (safer bets exist now)
-THE CRYSTAL BALL
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