5/16/2013 11:50:39 AM -
Down today and slumping toward its 50 DMA line after a small gap down with heavy volume on the prior session, retreating from multi-year highs after recently wedging higher with gains lacking great volume conviction. The 5/15/13 mid-day report cautioned - "Quarterly and annual earnings history has been erratic and not a good match with the fundamental guidelines (C and A criteria) of the fact-based investment system."
Small gap down today, yet it is perched at 52-week and multi-year highs after recently wedging higher with gains lacking great volume conviction. Quarterly and annual earnings history has been erratic and not a good match with the fundamental guidelines (C and A criteria) of the fact-based investment system.