Tuesday, April 01, 2008

Stocks Rally, Transports Lead The Way



If you read my last post you would know that I was leaning towards being bullish on stocks based on Dow Theory. Today we saw stocks explode higher with the transports leading the way making a 5 month high.

If you notice in the lower pane the ratio line has been rising since the beginning of the year and is making a 20 month high.

My game plan is to continue looking for reasons to buy stocks and avoid any short selling.

1 comment:

Anonymous said...

very intriguing..is it a headfake?

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