Finally, a Bounce
It took a while but the market has finally managed a bounce. A new recent low caused panic in Apple (AAPL) first, but news that our esteemed leaders in Washington are optimistic about a fiscal cliff deal ran the action up. There aren't any details yet, and it really isn't surprising that the politicians are sounding positive, but it is a good excuse to trigger buying after the recent carnage.
The biggest problem is that so many traders have been looking for a bounce for so long that there is likely to be plenty of flipping for quick gains. It will be nice to ring the register for a change after the miserable action we've seen lately....185 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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