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deuce bigalow

11/04/02 10:40 PM

#41963 RE: Zeev Hed #41363

EK, MMM, PG, and even JNJ should have gone through, and at least made new recovery highs or yearly highs. <<<

Zeev, i think we are still in a sector rotation market, they bid up sectors to overvalued and sell-off other sectors,

I think those stocks you posted there may be somewhat done, but some of the beet up (a beet is related to a turnip in the vegetable kingdom, and some stock traders become vegetables =g=) stocks are ready for a rally.

mcd, dis, ge, msft, intc, are a few of the dow beet stocks that look like they could rally, while some of the others that have been doing the heavy lifting take a rest.

The paucity of new 52 highs on the nyse is because there was a plethora of new 52 week new highs in march, those small caps and other contra-trenders that fought the big caps bear market of the last two years have given up the ghost.

everything that is moving hard now, is a former beet (remember this is a turnip relative =g=)

will the beets beat the turnips and seize the day, it could be a short story, some hope for a best selling cabbage patch novella -g-

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augieboo

11/05/02 1:24 AM

#41980 RE: Zeev Hed #41363

Zeev, EK made a new high. Sure, it also looks like it might be making a double top at that new high, but we can't have everything, right? {g}







MDA Thread #board-1320
Turnips Thread #board-1125
Trading Info #board-1220
Retrace #board-1345
PPT #board-1280
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