has anyone been following stocks that seem to track each other almost exactly? for example, nvls/brks seem to move completely in lockstep. a little looser are stocks in like mxim and pmcs (and several others in comm semis in general: rfmd, vtss, but not brcm). would this suggest some sort of program at work, or just my overactive imagination?
Thanks Ben...I trade on technicals for the most part. I like the fact that the stock has very little overhead and broke out of a nice ascending triangle.