One thing that’s hurt the bear case for a while is how vigorously the market bounces back just when it starts to show a little weakness. The good old-fashioned momentum was back again, with plenty of stocks acting well. Optimism are beginning to build for the jobs number Friday and with POMO running big through next Tues, its tough to bet against the bulls even though we are extended.
Related posts:
- 08.07.09 – Jobs Up Trend Day
- Holiday Fever
- 07.02.09 – Jobs Blues
- A VWAP Reversal
- POMO Edge?
