Let's check out the charts of UPS again. We looked at UPS on Oct. 29 and wrote that "UPS has started a correction of its rally from March. This could be a shallow pullback or it could be a deep correction. The charts and indicators can only tell us so much. Let's stand back and watch how this develops."
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Trading action is so good it is difficult not to be concerned it is frothy and ripe for a negative surprise.
When too many people point out something I wonder whether the trend is overdone.