I have to admit, after February, I didn't think that this market would continue in this fashion. Oh well. It is still making me $$$. Have you seen WNR?
Some more breakouts occurred today. Those stocks include: WBD, PCU, MICC, MR, CYNO and possibly GEF. GEF is only at a 3 month high and Darvas recommended a 12 month/52 week high to enter a trade. With today's volatile market compared to back then, a 3 month high is just as feasible. All of the other stocks are now hitting 52 week highs and are thus buys by Darvas standards. ALJ is hitting a 10 month high and I bought in today as it has broken out of the handle in a "cup and handle."
RATE really appears to be consolidating after meeting resistance around $45. Accumulation has been occuring. It is just going to be a while to see if it can break through.
Looking back, I should have stuck with TAM and bought into IFOX. Arrrrgghhh. There is a rule in the Investors Business Daily circle: Don't sell a rising stock!!!!
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