Follow Through Day

IBD has labeled Tuesday, July 29 as a follow through day. Every bull market in recent history started off with a follow through day. However, there have been follow through days that didn't lead to a bull market. Just be careful. IBD advocates using a strategy as such:

1. Look for stocks in sound bases or breaking out of sound bases
2. Put half your capital to work. Ex: if you plan to buy $20,000 worth of stock, start the initial
position with $10,000 then add to it.

Hot Sectors:

1. Railroads
2. Trucking
3. Major Drugs
4. Bio-Technology