TSBTV#32 - Character Counts
Posted on: March 10, 2009
The major bounce which was discussed in Episode 31 arrived today, and it was impressive. Many stocks rallied big from deeply oversold levels, but not all of them.
When working through the charts after a day like this, it’s easy to be enthralled by the biggest movers of the day. However, taking note of those stocks which did not participate can really provide some insight. The character of those moves are often quite telling.
So here in Episode 32, we’ll take a look at a few examples of charts which lagged today and may continue to do so for a little while longer.
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Jeff White
President, TheStockBandit, Inc.
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