CANSLIM STOCKS REACH 100% active
Filed Under Market Commentary |
I still would proceed here with caution. Volume wasn’t particularly high but, we did follow through…so here we go with a few names.
ADS/ADM/ABFS/BLKB/CHRW/CHH/CBK/CTXS/XTXI/CMI/CYBS/EXPD FTI/GRMN/IBCA/JLL/KNOT/LVS/NPSI/ODFL/PTSI/R/UARM
I’d take 75% of your normal trade as I believe we aren’t in an environment where we explode into a new bull market. This one will be short-lived.
Happy Trading.
MktSpec
Last 5 posts in Market Commentary
- Resistance is Proving to be Too Great for Major Indexes - August 19th, 2008
- Stocks Reversed from Highs in Lackluster Trade - August 16th, 2008
- Low Volume Rally as NASDAQ Retakes a Key Moving Average - August 15th, 2008
- We Are Severely Overbought and the Global Slowdown is Beginning to Show its Face - August 13th, 2008
- Proceeding With Caution, This Market is Shaky at Best - August 12th, 2008
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