Classic Bull Action
"When good news about the market hits the front page of the New York Times, sell." -- Bernard Baruch
Solid earnings reports from Google (GOOG) and IBM (IBM) have the bulls feeling optimistic this morning, but the bears are hoping for a sell-the-news reaction as we have been pricing in such news for weeks now. We've had a big, straight-up run, so the conditions are in place for some profit taking, but that has been the case for quite a while and it just hasn't happened....423 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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