Cause for Celebration?
You can question the justification for the buying, but you sure can't question the gains. We've heard these promises about European solutions before and none have come to fruition, but that didn't stop the market from celebrating again. I suspect the action has more to do with poor positioning than the actual news, but it doesn't matter, as there is no choice but to respect the bulls when they are running.
The bulls even managed a strong close after driving around most of the day. If you weren't in overnight, you didn't have much chance for profit. And to make it even more challenging, other major news events are coming that will likely produce morning gaps....97 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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