Buyers Stand Pat

It was one of the lightest-volume days of the year, and the indices barely budged, but the buyers under the surface still aren't going away. The only fear in this market is fear of not being long enough when we run again.

We had the routine dip-buying on a weak open and even managed to close near the highs of the day. Breadth improved steady and was around 3,000 gainers to 2,400 losers by the close. It wasn't very exciting, but it was interesting to see the speculative interest in China stocks. Some of the worst stocks of the group are moving as traders shake the bushes looking for something that hasn't moved yet....1109 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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