A Problem of Complacency

It looked as if the European sovereign debt issues were going to trigger selling at the open, but the market held up reasonably well given the few positives in the air. The dip-buyers managed two good bounces and breadth managed to improve quite a bit from nearly 4-to-1 negative in the early going. 

Although we did manage to close near the highs of the day, there wasn't much aggressive accumulation to be found. Apple (AAPL) helped the bulls, but every major sector was in the red and Facebook mania calmed down. ...205 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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