Ugly Picks
MFI has low volume, but a nice break out from a long base.
RESC also broke out on no news - a member of the very strong Steel sector. FRD from this sector has a nice chart also.
PKOH, which has been strong over a year, broke out above $20 Friday and is close to making new all-time highs.
SIMC, which I've mentioned before, continues to trade strong.
ARKR, which I mentioned in July, broke out to a new high on Friday.
PMTI, one of kubooo's favorites from last year, broke out on Friday to a new high and looks good to buy.
As you can see, they were able to trick me out of some of my money with the market the last few days. It's alright to be wrong, but I should let them get as little of my money as possible, which I did not do. I thought the markets were heading back down to new lows - and I even noticed and mentioned the volume spike bottom on Tuesday - but the "small bump" turned out to be a little larger than I expected as the QQQ broke above $36 - a new 2-month high, over its 200dma, while crossing over CCI 100 - with volume, which is all very bullish. It will be interesting to see where it goes from here. I want to see if it can hold $36 and if it does - how will it react to the $37.50-$38 area and even if it can break above $39.
Touching the Void was the perfect inspirational movie to watch last night before running the marathon today. It is an incredible true story and I recommend it to you. I think I may put up a movie ratings page, similar to Chairman Maoxian's, for uglychart.com. He will probably give you better advice for the stock market, but I will give you better advice for movies (Terminator 3 ? Come on, man). I just noticed Touching the Void is on the list.

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