Look at oil services. BHI, HAL, HERO.. I bought all 3 today.
Here are a cvouple charts.
http://www.traders-t...?...g&blogid=38
Coals have poped on my screen yesterday too. Bought MEE this morning.
Techs still strong.
Retailers expectations are so bad, the stocks are poping on mediocre news like COST.
Wall of worry is as thick as ever.
Boieing news is pressuring the market today, but RUT is very strong and Naz just about green. My small cap tech bunch is all green. BPHX, NCIT, SCUR, SMCI, TSM, UEIC, SMOD, SNPS, GSIG.... all green. Only MENT, LOGI and WLRS are red, small declines after good runups.
Yes, maybe not every single stock will go up, and you have to be selective. Its more of a stock picking market. But its going to keep trending up for the foreseeable future. Too many strong charts with good momentum.
Edited by ogm, 10 October 2007 - 01:42 PM.