Monday, March 24, 2008
Trend Change Follow-up
I need to amend the earlier commentary on the O'Neill follow-through day. Investor's Business Daily called it after Thursday's advance in the Dow which qualified by rising 2.2% on higher volume. I thought the options expiration effect might leave some doubt on the volume, but in any case today's continued follow-through confirms Thursday's signal.
Posted by R. Craig Pritchard at 11:56 AM