Patience Is the Key
After three straight gap-down opens, the market finally managed positive action to start the day but it was downhill from there. The buyers were simply unable to generate any momentum and the market ended up closing near the lows of the day.
The bulls have been celebrating the fact that the market has closed well off its early lows recently, but the action today was much more typical of what you'd expect to see when the market is struggling. The biggest negative the last three days was that despite the bounce, it didn't generate any green. Today had the green but it was an opportunity for selling, which is not what we needed....181 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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