Tuesday, January 27, 2009

Semiconductors and Steel Stocks Strong on Tuesday

Semiconductor and steel stocks are moving big on Tuesday morning. ALTR NVLS MRVL XLNX NSM TXN Steel stocks STLD X NUE SCHN Sideways Trading Range Support Bounce: JOYG

2 comments:

  1. Dave,
    Am looking to enter the DBC which has a triple bottom and a rising MACD, although stochastic bottoms are flat, and a pullback in today's price action. Might this be an example using your trend reversal study set rules?
    I greatly appreciate your additional comments on the stocks to watch for the next day in your blogs.

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  2. Barbara,

    I have not complied data on triple bottoms so I can't say with any degree of certainity. Theoretically it could work.

    DJ

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