Nov 15, 2004

My kind of Chart

All charts posted with Hello! Posted by Hello

These two charts are both the kind of patterns I am looking for in this market. The market as a whole is overbought and needs a breather. That breather may turn into a pullback that reaches the 200 day and shakes out some longs that got in late. To avoid being one of those longs I am focusing on stocks with nice patterns that have not rallied with the market but are beginning to show signs of interest. There are a lot of stocks like these out there and I plan to just keep scanning and scaling into a couple of positions a day.

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