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Monday, October 11, 2010

ACLI

ACLI had a nice little pullback to the 50dma during the month of September, and the fact that the overall market rallied during the mnth probably kept this from being a collapse. As it is, the chart has a few flaws, such as CMF awfully low and ATR awfully high, which normally aaren't enough to keep me out of this, and today it did get a nice breakout on big volume. It still appears, though, that the big mony is getting out of this, not going in. We will see if that changes.

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