The VLE is still long, but the Tides are in danger of slipping back into a sell signal. Even if it did, it would not make sense to go short until the Qs successfully take out the March 17 low of 41.05.
The Qs have formed a beautiful cup and handle bottom which has an initial target of 47.08 and a second target of 49.09. See www.thepatternsite.com for details on this important pattern.
RIMM broke out of a head and shoulders bottom on 3/24/08. The target is the previous high around 137.
MA has broken out of large triangle which targets 260 to 275.
CRM is forming a large triangle, but the fundamentals may be weak.
FWLT has formed a double bottom base. Using IBDs shakeout plus 3 rule, a close on increasing volume above 62.67 would be a buy signal. The initial target is 95.
PCLN broke out on 2/15/08, and is now testing its 50ema.
This new uptrend is still developing, so go slow and don't commit all of your capital immediately. It would be prudent to spread out new positions over the next two to three weeks in case this rally fails.