Looking Skittish out There
Microsoft (MSFT) and a bounce in Apple (AAPL) are helping the indices this morning. Breadth is solid at close to 3-to-1 positive, but it is fairly choppy action as market players are a bit skittish after the recent weakness.
Typically days that start like this end up confounding overanxious bears who are looking for an intraday reversal. Once we have a little momentum going, the machines and the momentum chasers do a pretty good job of keeping it going. I'm not looking to do any major shorting into strength at this point....123 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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