Week 2 produced sideways action, however we are starting to see volume and intraday playable price swings come back into the markets. We are still in a clear uptrend and see a flood of stocks making new 52-wk highs, are hardly any stocks making 52-wk lows. A subtle mix of economic news and earnings leaves us in a holding pattern looking to continue on higher.
Monday, January 18, 2010
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