High yields…Positive indicator

Posted by Chris Kimble on 10/01/2010 at 4:48 am; This entry is filed under High Yields.

High yields continue to push higher. In the 6 pack below, several are testing or above the April highs.

Have harvested up against resistance in the U.S. markets, yet have not mentioned to attempt to score on defense.  With the High Yields reflecting relative strength and the international markets doing the same, weakness in these areas needs to start showing up, along with support breaking before I will suggest to take positions to score on defense.

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2 Comments

  1. gregory October 1st, 2010 at 5:16 am

    excellent work!
    have a nice day!

  2. Chris Kimble October 1st, 2010 at 6:15 am

    Thanks Gregory…Back at ya!!!