MO will close outside its upper BB

    Posted by kalinm on 21st of Dec 2011 at 04:04 pm

    Market leader defensive stocks are ramped up into the stratosphere -- XLP, XLU - same deal.  Not sure how much more they can ramp these names while stocks like these.  Money will have to come back into the market leaders soon (AAPL, IBM) etc.

    yes and money flow into AMGN as well

    Posted by morton13 on 21st of Dec 2011 at 04:10 pm

    Yes, AMGN is pretty wild

    Posted by kalinm on 21st of Dec 2011 at 04:17 pm

    Yes, AMGN is pretty wild closing even further outside its upper bb.  It is approaching big multi-year resistance.

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