Embrace the Action

The only thing you need to know about this market right now is "the trend is your friend." The indices are up for 10 of the last 12 days and hitting new multi-year highs. Even the bears seem to have given up trying to find reasons why this market is going to fall apart. There appears to be a huge amount of underlying support as underinvested bulls flail about looking for entries. It doesn't even have to go red before the dip buyers jump in and grab the bargains.

Volume was poor today, which tends to occur on Mondays, but breadth picked up nicely during the day as small-caps led the market. A few big-caps such as Apple (AAPL) and Google (GOOG) boosted the Nasdaq....1134 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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