Mike
05-15-2015, 12:36 AM
IBD has today (Thursday) as a follow through day. Lately strength moves have been good sell signals and weakness signals have been good buy signals. So is today's follow through day another sell signal or a buy signal? I for one don't know. CANSLIM is a trend following system and we have been trend-less for months vacillating between pullbacks and new highs. I have never lived through such a time so can't add much to the conversation other than I am not buying or selling anything.