As I’ve posted earlier I’ve moved to a long position. Sometimes when things turn on my chart the cycle can be off and it could end being a sell rather than a buy. However, statistics say I’ll do considerably better, by not guessing when this occurrence happens.

If you don’t know airline stocks have gone apeshit lately. They have all swapped to buys on my screens. However, going with the airport trade, the rental car companies are also doing excellent. CAR and DTG – both very undervalued. I have no position in either of these sectors.

China cheapo stocks look like they may be the next 1990′s crazy bull run type growth stocks. All the charts look good there.

Right now the futures are mildly down, but these items, plus general market indexes, do support a move higher.

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