Deep-Water Focus Yields Two Oil Plays
The market isn't flashing anything in the way of sell signals, but investors that have been slow to put money to work so far are in a bit of pickle. With so many stocks out there extended past proper buying points, what's left to buy? It's a legitimate question because the crop of buy candidates has gotten a lot smaller.
I'm still seeing just as many compelling short steps as I am long ones, but that's not giving me reason to join the bear camp yet. For this to happen, price and volume trends in the major averages would have to deteriorate significantly. I'm still not seeing anything in the way of meaningful sell signals....370 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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