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July 28, 2006


Transports Ugly But Don’t Panic… Yet

The iShares Dow Jones Transportation Average ETF (IYT) has reversed hard these last several weeks, but I’m not going to panic sell… quite yet.

IYT

4 Responses to “Transports Ugly But Don’t Panic… Yet”

  1. Adale said:

    So are you saying its a buy?

  2. C. Maoxian said:

    Adale: No, I’m saying it isn’t a sell… yet.

  3. Howard Lindzon said:

    i think it’s a sell today bummer

  4. Howard Lindzon » Trannies are breaking said:

    […] The Chairman has a look at the chart a few days back and we are below the stop levels in his trend system as well as of today’s close. […]

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