I find it interesting in this down market how well TDY is holding up. And why shouldn't it? It has no exposure to sub prime and credit crunch. Earnings continue to exceed expectations. Guidance has been raised, etc.
A few months ago, when the market was at this current level below 13,000, TDY was as low as $46. Here we are at this level again and we're above $54. It is also noteworthy to watch the trading on level II. Tiny 100 share trades send it down only to be met by much larger sizes driving it up. Average daily volume has been increasing lately.
Someone is accumulating big time here in a down market. Something big is coming. Glad I won't be left behind when it gets here!!