Very Often, In Strong Bull Markets...

...nasty selloffs get reversed the next day. Today the market is following that script (for now). After a mostly higher open there was some settling in. And then demand overwhelmed supply. RIMM & AAPL, both off a few dollars each, have reversed field and are trading higher. Other stocks, e.g. GS, SCHW, & RL, are coming off the lows as well. If one is managing a very large fund and believes that we are in an uptrend, down days present golden opportunities to load up, add to, or establish positions. I believe this is what we are seeing today.
Although its early in the day, its good confirmation about the type of market we are in. Stay tuned...