A Reversal Of The Weak Market By Close Would Be Nice; Two New Longs Up Over 30% And One Is Up Almost 10% Intraday
Source: http://www.bigwavetrading.net/a-reversal-of-the-weak-market-by-close-would-be-nice-two-new-longs-up-over-25-and-one-is-up-almost-10-intraday/Posted on Monday, June 2nd, 2008 | In Current Market News, Stocks to Watch
Contributed by: Joshua Hayes (http://www.bigwavetrading.net) -
I think the title says it all. The new longs sure don’t look nearly as bad as today does. Also a bullish close makes today constructive. The very low volume also makes this seem like a nice fearful pullback. ROYL and AVAN worked immediately!!!! That is how they are supposed to act!!!
Last 5 posts by Joshua Hayes
- Following Through on Friday's Gains Stocks Stage Another Rally on Strong Volume - June 2nd, 2009
- Small Cap and IBD Indexes Lag the Major Indexes with Volume Higher Across the Board - May 29th, 2009
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- Finally We Have The IBD Indexes Leading The Way As Stocks Rally On Heavier Trade - May 27th, 2009
- Ending in Mixed Fashion Stocks Fail to Close Out With Gains Seen Earlier in the Session; IBD Indexes Take the Lead - May 20th, 2009
 About Joshua Hayes (http://www.bigwavetrading.net)
Joshua "MauiTrader" Hayes is CEO, president and founder of Big Wave Trading Inc., a Maui, Hawaii-based stock market advisory service. Hayes is a well-respected stock picker and technician who combines fundamentals, psychology and money management to trade professionally in his own family, and friends accounts for more than 12 years on Maui. Hayes also runs BigWaveTrading.com, an online stock market commentary and stock selection service for short- and intermediate-term investment strategies using CANSLIM and other strategies. Hayes has been a contributor to Telechart as Sir Aloha, Realmoney.com, InvestorsParadise.com and TokyoJoe.com. |
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