Tuesday, August 18, 2009
Short Term Bull but not with Blinders on
That seems to be the psychology of the market and is why I expect this market to work its way higher into 2010, provided that several moving parts dont get hung up. Financials, Transports, and Technology so far have begun their move and the rest of the market seems to be in a consolidation pattern that may continue into late October before it breaks out above 1018 to the 1150 target that many are looking for.
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