i have mentioned before and will again , there have been 8 rallies measuring around 500+ points since the decline from nov 1 high on the Dow. It just so happens yesterday high on the DOW made it Number 9. THat should have given you a sign yesterday not to be too heavy for overnight
There has also been 5 similar size legs down as well
I also mentioned the amount of times +5% rallies on a stock occur in ASX50 , i scanned that further to start of 2000 and found that a stock will do a +5% in a day only 2 times in a year if that, point being is was a good day to sell +5's
I did get one wrong though i only sold half my BHP yesterday , that was a bit nasty better transfer them to long term , thank god i got stopped out of NCM before close that could have been nasty too
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