3/29/2006

This bull has legs


Today's action was impressive. So next two weeks are going to be interesting. I have over 300 stocks in my breakout scan today. Those who were fully invested reaped the max benefit out of this. As the rally will run through the earning season there will be some rockets taking off post earnings.
Most of the time I look at two weeks horizon for planning, that way it is easier rather than having a very long view on market.For next two weeks the trick will be to be present in as many runaway moves as possible to milk the up thrust. Ultimately stock selection can make a lot of difference to final performance. The metals sector looks to be idealy positioned for runaway move currently.

No comments: