christopherbrecher

Bottoms are made when the momo stocks get trashed.

AMEX:SPY   SPDR S&P 500 ETF
192 3 2
This sell-off is near support, but the momo stocks have help up well. Usually, bottoms are formed when everything is "taken to the woodshed".
I find it hard to understand your slang....
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momo = momentum stocks
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Another example of a mono stock that has held up well. $WDAY
Momo stocks have their legs back.
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