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blasher

06/15/12 11:05 AM

#13694 RE: TREND1 #13693

good charts .. BUT . . .
no need to label them Offensive/Defensive.
The ones going Up versus SPY are good ones to be in as they are probably in an Up-trend.
I use this same technique and am in the high-yielding utility PPL based on my analysis.
Knowing that this sector (Utilities) is out-performing the overall Market
is a great way to filter out good stocks.
Usually, good stocks can be found in a good sector.
Put another way, the stocks within a good sector are usually good.
( do your own individual analysis on the stocks within a good sector )