In the last 10 days, we are down 8 and up 2. Ben Bernanke had nothing new to say and it caused a sharp selloff in the early morning, but the buyers stepped up again and closed us near the high. Bond reversed and closed near the low. The market are currently lead by defensives names. INTC after hours lowered guidance, but is having minimum impact so far. Unless we broaden out soon, the defensive names can only take us so far. In the mean time continue to respect the uptrend.
