Tops Take Time
A number of good earnings report from Citrix Systems (CTXS), Whirlpool (WHR), JDS Uniphase (JDSU) and Fortinet (FTNT) are helping the market, despite a duds like Facebook (FB) and Research In Motion (RIMM). Breadth has been inching up and there continues to be some dip buying. Interestingly, the small-cap indices are leading after being the laggard yesterday.
As I discussed in my opening post, there have been warning signs recently, but that doesn't mean the market is going to suddenly collapse. Tops -- and I'm not sure this is one -- take time to develop. There is still a good supply of buyers to provide support, and many who have enjoyed the recent run aren't ready to give up on it yet....57 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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