The Bears Have the Ball
I'm maintaining a bullish bias, but I'm skeptical that one bad morning is all it will take to price in concerns about Italy.
There's decent buying support, but there's also enough uncertainty for one sharp dip to conclude the whole matter. The fact that we have buying support helps set the stage for more Europe-is-saved rallies, but it is premature to anticipate that happening today....218 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.