Call me crazy, but I'm sensing a new bull market brewing...
With the market bouncing right back after the huge drop Monday, even with all the negative news on the economy hitting the market each and every day, I'm starting to sense that traders and investors are beginning to look past all the current "bad press"... and they're seeing a rosier future in the next few months.
In other words, I think we've seen the bottom of this massive pullback.
I'm even seeing (gasp!) some stocks making new 52-week highs! Take a look at CBST for example. That's a sweet chart! And one we haven't seen in quite a while. I expect we'll be seeing more of those in the near future, however.
So I'm dusting off my old algorithms I usually use only in bull markets to see what pops up. I'm finding some extremely interesting plays, and letting my Members know all about them.


<< Home