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Thursday, November 13, 2008

PETS

PETS has figured prominently on the relative strength scans, and has held up very well during the recent pullback. It was struggling mightily early today, then when the market reversed it really took off. Very good volume today.

2 comments:

Anonymous said...

How do you do your relative strength scans again?

David said...

I use Zacks.com's stock screener, which is free, scan for stocks within a certain percentage of their 52 week high (I have been using 25%, but will reduce that we have a rally), then remove all OTC, acquisitions, and stocks that have no volume. Then I sort them by industry group to see which industries are strongest.

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