Apology 30/11/2010

No blog appeared yesterday. I wrote one but apparently I failed to hit the publish button when I finished.

My apologies.

I've been unwell recently with a chest infection and been quite tired. That might explain.

The guts of yesterday's report - mildly positive after a reversal day and the low of last Wednesday still holding.

No stocks from the 50-Leaders were on the life-support list (RSI below 30). Twelve stocks were on the critical list (RSI below 40), that's a high number but much better than 20 which was recorded last Thursday.

Several stocks had good rebounds yesterday. I don't intend to list them now as it is old news (DYOR). But the best of them appeared to me to be Brambles (BXB). Brambles is still in an uptrend and forming an ascending triangle, that's bullish. A break out of the top of the triangle should see further increases in the share price.

Again - my apologies for the absence of yesterday's blog.

Cheers

Red