Thanks Fred- I actually have a buy stop to go long if we break out here.. I aborted the short idea on your advice a week or so back.. I rationalized that you made me so much money on these defense plays going long that it wouldnt be wise to try and play against you short here : )
I just cant put a finger on these dang defense plays lately.. My guess is they go higher, while the rest of the market I think is days/seconds? away from giving back a substantial amount of these war rally gains as the war infatuation disappears and we return to the economy...
ALOG is great because if you catch it with a buy stop, you usually get a quick 2-3 points on it.. Dang thing flies!
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