Wednesday, March 14, 2007

That was interesting

The market turned on a dime near its 50 day MA and rallied nicely. Market internals were favorable and this was an encouraging day. It is good to see that buyers can stage powerful rallies however, bears remain in control until we shake free of the downtrend. The stocks referenced in the earlier post led the market higher as did other names from our portfolio. Tomorrow will be interesting for sure. Stay tuned!

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