Keep Plugging Away
I'm always surprised at how sticky the market can be to the upside. Despite lots of good reasons, both fundamental and technical, for a little weakness we just don't pull back very much. Buyers are still looking for entries, and who can blame them? They keep on making money by chasing this market. The big mistake is looking for reasons and excuses to not buy this market.
Breadth has improved form this morning and we are now running positive. There is some decent momentum in select big-caps like Google (GOOG), Green Mountain (GMCR), VMware (VMW) and LinkedIn (LNKD), but there is a lot of lethargic action as well. It just doesn't pay to bet against this tenacious underlying support....214 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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