3-21-12 Comment

Leading growth stocks have perked up this morning. KORS has rebounded off the 21 day ma.
LNKD has a short lived shakeout yesterday and then gapped up this morning. PCLN, TSCO, FAST, RAX, ALXN, SWI, ISRG, AAPL have hit fresh 52-week highs.

We lost a day of distribution yesterday and will lose another tomorrow. The Exposure count should go to +6 at the close today with a B5 living above the 21day market buy signal.

I added to a LNKD position today on the gap up. We are still in a buying range.
I also bought the SWI pocket pivot that is forming.

CLR and TAL may show a pocket pivots today