Wednesday, August 7, 2013

Zombies Are Back

The crew at our fund were happy today.  What is there not to like? Two successful calls in a row?  Nirvana! (Cough)

We do think that our structural analysis does feature more than a bit of edge.  But that's just us.

Yesterday's B formation was suspect.   And today's low confidence look down to the 20 day moving average just so happened to get the programs all hot and heavy, as they stepped in at this level.

And from there it was just a Zombie Grinder higher.

A low volume check mark structure reversal at the 20 day = highs odds for the Zombies to step in and do their thing.

High odds upwards push tomorrow of some sort.






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