03 December 2008

Merv's Daily Uranium Table, 03 Dec 2008


After reviewing all of the component stocks in the Index I still am somewhat uncomfortable recommending any of the stocks for intermediate or long term purchase. There are many (if not most) stocks that seem to be going through bottoming processes but have not yet begun their new bull moves. That may come shortly and we'll just have to wait for confirmation.
In the mean time I show the Daily Table which is based upon daily market activity. The major difference between this Table and the weekly table is the inclusion of the actual percentage performance of the stocks for each time period rather than a rating as to which has berformed best, second best, third best, etc. Also, the momentum used in this Table is the same one used for my daily commentaries while the Weekly Table uses a proprietary momentum indicator developed for that table.

No comments:

Post a Comment