Follow Through/Leaders Chart

Monday, January 28, 2008

Day 3 of Rally Attempt

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Today marked day 3 of a rally attempt which started last Wednesday. When counting rally days, note the first up day is not counted. If one of the indices closes up 1.7% on above average volume (a follow through day), this rally attempt will be confirmed, and it will be time to look at getting back in the market.

4 comments:

gary said...

Follow thru day??
New market leaders?

Mick said...

Yesterday was not a follow thru day

gary said...

Why Not?

Mick said...

Listen to Ken Shreve from Investors.com. Go to the media center. He will explain better than me. http://www.investors.com/