OEX..signal for rally continuation would have been that move above 450, and going on from there. We are now sitting on the declining 200 day moving average @ 447.66 and we need to break 450 for me to consider this more than a 1 day wonder, but my trading portfolio and myself are waiting......waiting......waiting.... and willing
ZMH is starting to look like DRYR, the good thing about ZMH is that downside seems to be halted and I did so want to get in before the next rally. Stop for ZMH is at 46.50 not the best time to have entered but I have great returns from ZMH as it was the longest held earnings play last quarter.
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