Professor’s Comments September 11, 2013
Posted by OMS at September 11th, 2013
The only thing I need to report tonight is the The Professor highlighted another 97 stocks.
So in the past two days, he’s highlighted 57, then 97. This tells me that more and more stocks are entering the trend mode. Wave 3 up is supposed to be an impulse wave. We’re seeing this now.
The Dean’s List is positive, with all of the positive index ETFs are now on the List. So the Dean is confirming what The Professor is seeing.
Last night, Emeritus highlighted 11 stocks for the Honor Roll that could be entering the trend mode. This is roughly 10 percent of the data base for the MWL. That’s a lot!!
It appears that wave 3 Up is underway.
I’m not being too choosy here. All I want to do now is pick a few stocks with patterns that are entering trend modes (CCI>100) and go dancing. The MWL has been full of these kind of stocks during the past 3-4 days. As long as the CCI stays above 100. I’ll ride them.
Also, as long as Washington keeps talking about a political solution to the Syrian issue, and not war, we should be going a lot higher.
Buying stocks.
That’s what I’m doing.
h
BTW, thanks to all who sent me get will wishes the past few days. Unfortunately, because of my current situation, I won’t be able to respond to you individually. But please know that every card, letter, email etc. was read and caused me to smile. I love you guys! The Docs are now saying my release date will be Thursday.
Also, too bad that St. Vincent’s Hospital wasn’t traded on the NYSE. Talk about a well run outfit!
Market Signals for 09-11-2013 |
|
---|---|
DMI (DIA) | NEG |
DMI (QQQ) | POS |
COACH (DIA) | POS |
COACH (QQQ) | POS |
A/D OSC | |
DEANs LIST | POS |
Not sure of the terminology we use? Check out these articles
The Hockey Stick Pattern
The Creation of Waves and Trends
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Category: Professor's Comments