How to Use Cyclical Analysis to Trade the Right Market Sector (Part 4)

06/12/2008 12:00 am EST

Focus:

John Person

Founder and President, John Person, Inc.

Now lets look at the stocks that are performing well in comparison of the overall sector. In the chart below in figure 5 we have Bank Of America (BAC) as you can see it more resembles the ETF chart pattern more closely since this stock has not traded below the 2003 lows.  So this stock is one that could perform well or even outperform the entire sector once the economy begins to enter an early expansion stage.

Figure 5

More in Part 5 tomorrow.
By John Person
www.NationalFutures.com

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