Ian Woodward's Investing BlogThe Last Chance for The Last Dance!
As I showed you in the note of July 26 Musings two notes ago and below, the group of stocks I was following to determine the top in the market is now broken. There is one last chance for a last dance that my good friend Robert Minkowsky has suggested which is to take those stocks that have bucked the trend and are still heading northwards against the grain. Watching a small list of these stocks which have already reported their earnings will give us a clue as to whether the recent drop in the market was like February 27th for a week or so or whether this time we are headed down for a decent clean out. Below is the list of eleven stocks to follow and the Index of these to show you that the Index is above the 9-dma (pink line). If this Index breaks down, the party’s over! Enjoy
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